Cruelest Month Awaits: VIX Signals S&P 500 Swoon as September Approaches

“It’s a danger sign,” said Ronald Egalka, a 36-year options trader who oversees $8 billion as chief executive officer of Rampart Investment Management in Boston. “People expect volatility to pick up in the future, and that implies that there’s going to be a downward movement in the market.” Have we really found the floor?