hvi risk Current VIX is roughly 33.73, down 2.29
34VX/Q5 is 36.10, up .40
35VX/U5 is 29.45, down .98
36VX/U5 is 26.45, down 1.28
Meaning unless fear is subdued quickly by the feds (ex: by not increasing the rates), we can expect the future vix contracts to catch up to the current level, meaning bad news for HVI.