News•Feb 22, 2026
Vol Street Journal™ :: Episode 14
Episode 14 of the Vol Street Journal highlighted a resilient 6800 floor, with bulls repelling bearish pressure for the third time this year. The host noted a "non‑confirmation" as the VIX failed to post a higher high while equities made lower lows, signaling a fragile volatility structure. A flat VX term structure and rising geopolitical "war premium" suggest we remain in a higher‑volatility regime, while bond market divergence—rising MOVE index versus stable 10‑year yields—adds further risk. The episode warns that weekend geopolitical headlines could outweigh typical theta decay.
