NEW YORK ( TheStreet) -- With the VIX near $12.50, TheStreet's Jill Malandrino asked Mark Sebastian, COO of Option Pit, how long it will take before it goes higher.According to Sebastian, the VIX -- shorthand for the Chicago Board Options Exchange Market Volatility Index -- could stay below $15 for a while. However, there is a rather large spread between cash VIX and the VIX futures, he added, noting that the 2.25 point difference is enormous.
Quick Take: How Long Will the VIX Stay Below $15?
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