Word of Greece plans coming together may be settling the markets as VIX drops to 15.62, the...

|By:, SA News Editor

Word of Greece plans coming together may be settling the markets as VIX drops to 15.62, the lowest since July 2007. “It’s a function of a market that just keeps walking up every day,” says strategist Chris Rich. But skew - the premium on options insuring against losses over those betting on gains - is still high.