@thefamisdave @dynamicvol @RussellRhoads @vixologist @VolatilityVIX @OptionPit @querty @vol_christopher @OptionVol @Options You'd have to ignore current $VIX level to answer that. When already elevated you'll be fighting its want to crush on $SPX rallies no matter what the size.

But I think it would have more to do with rally confidence as opposed to magnitude.