The ProShares Short VIX Short Term Futures ETF (SVXY) rose 1.77% to $51.72 as of 4:45 PM on Monday, November 18, reflecting a decrease in market volatility. The CBOE Volatility Index (VIX) fell 3.47% to close at 15.58, indicating a reduction in expected market fluctuations and increased investor confidence. This decline in the VIX aligns with a 0.39% rise in the S&P 500 Index, suggesting a positive market outlook amid easing inflation concerns. The VIX's trading volume was slightly below its 30-day average, with a notable bullish sentiment as calls made up 63.69% of the volume. The most significant trade was the VIX Nov 2024 15.000 put, with a volume of 84,885 contracts. The market's stability was further supported by the anticipation of upcoming earnings reports from major companies like Nvidia and Walmart.