VIX Just Dropped 11%

But Here's Why Your Income Strategies Are Still Getting Crushed

Author

Don Kaufman
October 20, 2025

Don Kaufman here. 

I was looking at the market data this morning and something's not adding up.

VIX just dropped 11% to 18.44 and change - that should be good news for income traders, right?

Wrong.

Here's what's really happening: Even with VIX pulling back today, we're still seeing the kind of wild intraday swings that destroy traditional income strategies. 

Look at last week - the Dow swung 615 points down before closing +203 points in a single day. That's not normal market behavior.

 Got Volatility?

SPX WEEKLY EM = 135.66

 VIX dropped 11% today but your income strategies are still bleeding.

Here's why: 👇

Even with volatility "cooling," traditional income plays got crushed by last week's whipsaws.

• Covered calls bleeding red
• Wheel strategies showing 20% drawdowns
• Dividend plays down 5-8%

Wednesday 1pm ET: I'm showing the exact framework for generating cashflow during chaos.

Not riding it out. Profiting FROM it.