- VIX at 18.83 vs 18.70 in futures
- VSTOXX at 23.63 vs 23.75 in futures
This is the first expiration for GVZ at 18.79. The volume remains very light - May futures had total volume of 31 and open interest of 24 contracts. Open interest in May options is 35 contracts. I will not be forecasting GVZ this time.