UVIX is trading at $36.17, up 3.34%, as hot inflation and overnight equity losses lift volatility.

  • September CPI was 3.7% year over year, above the 3.6% forecast, renewing rate-hike concerns.
  • Asian markets sold off sharply overnight; Nasdaq futures fell about 1.1%. Spot VIX rose 10.48% to 16.87; UVIX’s long VIX-futures exposure can benefit when volatility futures rise.
  • PPI and Retail Sales are due at 08:30, adding uncertainty ahead of the U.S. session.