The $VIX was all over the place last week, rising when it could. It did end the week at 13.65% which should hold throughout the week. We don’t expect volatility to come back in until after the employment situation. If numbers are good, volatility should come in a lot and we could see the 11s again. VVIX followed the VIX but only settled at 88.62%, we will continue to monitor VVIX to see if it gets above 90%.