Volatility in the financial markets is currently subdued, with the 9-day VIX reaching its lowest level in three months. Despite this, the flat VIX term structure suggests significant uncertainty over the coming months. The SPX ATM option structure for October 2024 provides detailed intraday and day-of-week breakdowns. Additionally, the 10-day realized volatility (rVols) for SPX and VIX is being closely monitored. The volatility for September and October is also a point of focus.