Believe it or not, the VIX just filled its April '03 gap. Looks like a good risk reward short using sept put options at 27.50 which was support back in '02. I will take a short position in the VIX Monday morning if my target is hit. Unbelievable that out of the thousands of options I have to make a trade, I am choosing the VIX. I heard lots of folks that read the news papers for investment advice during the weekend will dump Monday morning.
The VIX is at a 4 year high at 25.16
Started by
hedgehawk
, Aug 05 2007 04:20 PM
1 reply to this topic
