Basically every month we get spot VIX spiking above 3-month forward after a 2-3% pullback on equities and that marks a bottom More recently this has occurred right around monthly close into the monthly open Don't expect this next ~10 days to be any different and the plan is to monetize the put spreads and use that to add to levered SPX long (if all works out and I get the opportunity to do so by early Oct)