Black Swan PartyTue, Aug 27Keep Calm and Short the VIXUnderstanding VIX behavior is crucial for traders. The VIX often reverts to its mode rather than its mean, making the mode a more practical target for trading. After the recent historic volatility event, the VIX has started to calm, suggesting a quieter September. With a focus on shorting VIX options, this article provides insights into capitalizing on the post- election volatility crush and the unique behavior of VIX European expiration options.