Quick Video with Options Maven Steven Place on the Strange VIX Behavior

On Tuesday, Steven Place wrote a must read piece on the change in character in the $VIX during this market sell off which began in early May.

Given the continued decline in equities ($SPY) teamed with the inability of the $VIX to spike or break out, I hit Steven on Skype for an update and some clarity.

You can catch Steven on the StockTwits stream @StevenPlace and also watch his excellent StockTwits Brunch program at 11AM ET Saturday mornings on StockTWits.TV.