With the "VIX futures price" consolidating around 16, options premium sellers are finding attractive setups for iron condors. This environment favors stable equity moves, yet thin liquidity in some contracts could amplify moves if volume surges. Virtu Financial, Inc. (NYSE: VIRT ) is one of the most undervalued financial stocks to buy according to Wall Street analysts . On September 11, Jefferies cut its price target for Virtu Financial from $51 to $49 while maintaining its “Buy” rating on the stock. The firm stated that the decision was due to its updated adjusted earnings estimate for Q3 2025, which was cut from $1.02 per share to $0.83 per share. However, that's below the cash "VIX," which is at 31.5, and means the market is in what's known as backwardation. That's a condition that occurs when heightened anxiety about stocks in the near term pushes the cash price above the futures price, with the latter usually trading at a premium because of the extra chance of shocks over a longer time period. Commodity market swings, especially in crude, are subtly influencing "VIX futures price", as energy-driven inflation fears remain on the radar for volatility traders.