\n\n\n\tVIX - M2 Into Settelment (Next Wednesday)\n\n\n\nS&P 500 VIX FUTURES (CONTINUOUS: NEXT CONTRACT IN FRONT)\tCBOE:VX2!\n\n\n\tHK_L61\n\n\n\n\t\n\nNext Wednesday the M2 will "Settle" becoming the Front Month or M1 . \n \n100% of the Constant 30 Day Maturity will be concentrated on this Date. \n \nEach day thereafter, M1 will begin to flow to M2 (December 2021) at a rate \nof roughly 3-4% per day, depending on Traading\/Calendar Days. \n \nWhen the VIX Curve is in Contango - M2 , M3 , M4 higher than M1 we will see \na Gap left as the Continuous Contract Picks up off the prior Ghost levels of \nthe Prior M1 Contract. \n \nPresently the Values out the Curve by Month: \n \nDEC 22.60 \nJAN 23.80 \nFEB 24.35 \n \nWe see clear Contango as Prices are higher out the Curve.