Trading StrategiesHow to Avoid Every Crash with a Simple VIX RuleCI Volatility InvestmentsSep 24, 2025∙ PaidShareThe moment spot VIX closes above the front-month VIX futures (VX1), the volatility term structure inverts — a state known as backwardation.This inversion isn’t a subtle signal.It’s one of the most co…This post is for paid subscribersSubscribeAlready a paid subscriber? Sign inPreviousNext