VIX 15 into CPI, SE paid +14%, ONON −19%
Flat tape, crushed vol — the market has pre-decided CPI while the morning's printers get sorted
In this edition
The Midday 10 Tue, Aug 11, 2026 ~60 seconds 12:30 ET
The midday tape is nearly flat at the index level, with large-caps barely negative and small-caps edging higher, while single-stock moves do the real work in both directions.
The louder fact is what is NOT moving: VIX sits at 15 and VVIX at 92.2 the day before CPI — the vol complex has priced the print as a non-event. Flat indices on crushed vol is not an absence of opinion; it is a position.
US midday, intraday quotes (delayed)
The ten lines
- 1
UP Sea Limited
SE
SE trades up 14.22% to 131.13 by midday — but this is a paid print, not positioning: Sea reported Q2 before the open (confirmed), and the tape's answer was one of the sharpest single-stock moves of the session. On a week defined by punished printers, a +14% payment is the counterexample worth logging.
- 2
UP Aehr Test Systems
AEHR
AEHR adds 8.8% to reach 115.55 by midday, a notable move for a smaller semiconductor-adjacent name. No specific catalyst is supplied, but the broader semi complex is broadly bid today.
- AI Handoff Board Nine ratios of our own indices tracking whether AI leadership is moving from build to operate to use. Open the board →
- 3
LEVEL Vol complex: VIX 15, VVIX 92 into CPI
VIX is down to 15 and VVIX to 92.2 — both ends of the vol complex crushed the day before the week's binary print. Hedging tomorrow morning's CPI has rarely been priced this cheaply this cycle; whether that reads as confidence or complacency is exactly what 14:30 CET decides.
C — free account
The free C account unlocks lines 4 through 10 — the full midday tape.
One tap with Google or one email — no password, no card. You are signed in until you sign out, on this browser, from then on.
Join the Look — freeAlready joined on this browser? The full edition shows automatically — if it doesn't, sign in again here. Looking for the archive, portfolios and realtime? That is C+.
C · line 11 · members
The privileged, actionable read — what we do, and at which level — is in line 11, for members only.
Join the Look — it’s freeFree members account · one click · the ten points stay free, always.
Further reading on Closelooknet
Ten lines on the US midday tape, not advice — an investment diary. Published every trading day at 12:30 ET. See The Morning 10 and the Daily Pulse.