S&P drops 60bps as VIX rises 4 percent amid elevated volatility, Kris Sidial observes

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Andrey Mastykin

28.02.2026

S&P drops 60bps as VIX rises 4 percent amid elevated volatility, Kris Sidial observes — VIX up 4 percent S&P slides

Market volatility remained pronounced as the S&P declined approximately 60 basis points and VIX climbed about one volatility point, representing a 4 percent increase. This move occurred while volatility was already trading in the high teens to low twenties.

Kris Sidial commented that spot vol beta within the VIX complex was notably elevated, reaching the higher end of recent observations though not extreme.

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