🔴 Volatility ETF (UVIX) is trading 2.05% down as VIX falls

UVIX is trading at $35.55, down 2.05%, as expected volatility pulls back.

• The VIX closed at 17.31, down 6.13% on October 20, and was reported at 17.18 on October 21.
• Major U.S. indexes were modestly higher as earnings optimism lifted technology shares. UVIX tracks short-term VIX futures, so easing volatility and futures-market structure can weigh on it—this is not evidence of a UVIX-specific event. The October future settled at the open; November became the reference contract.