🔴 VIX Futures ETF (UVXY) is trading 2.04% down in after-hours trading as the VIX fell 7.75%

UVXY is trading at $16.83, down 2.04% after hours, as volatility eased; the VIX fell 7.75% to 18.44 on October 20.

• VIX futures were in contango: front-month futures stood at 18.670 versus spot VIX at 18.44, a structure that can weigh on short-term VIX-futures products.
• Mostly higher U.S. indexes reflected reduced demand for near-term protection; no specific after-close holding earnings catalyst was identified.