As we saw some of those pullbacks in the market on Monday, Dan Deming was on CNBC to give some perspective. As he points out, we have seen some premiums in back month VIX futures which are trading higher than the cash. Also since Monday’s movement in the market was rather drastic, the vix has also moved in a drastic way up nearly 15 percent. Click below to hear the interview as well as some of Dan’s quotes from an article CNBC’s “Market Insider”.