Two things to ponder: The lower the value of VIX, the easier it becomes for it to spike 20%. And this week is triple witching, the only one not expiring is VIX. According to Schaeffer's VIX expiration weeks tend to be bearish as traders replace expiring calls, causing market makers to hedge by buying VIX futures
Thanks J for update my system still holding SPXU as well
ReplyDeleteVacation is coming to an end. I joined you all on shorts in after hours at 9.56.
ReplyDeleteShorts might be interested in this: http://vixandmore.blogspot.com/
ReplyDeleteTwo things to ponder: The lower the value of VIX, the easier it becomes for it to spike 20%. And this week is triple witching, the only one not expiring is VIX. According to Schaeffer's VIX expiration weeks tend to be bearish as traders replace expiring calls, causing market makers to hedge by buying VIX futures
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