Thread: ^VIX

Was that the dip?

Maybe it was. VIX back to the 22 area after a short stint in the high 30's.

Resistance seems to be around the mid-24's. Watch out for a rise over 26, that's usually meant run-ups to the 30's in the past year.

Melting into the mid-21's at the close and getting very close to that low-21 number we saw in December. Some say 20 is the all clear bullish signal, though it seems we're there already.

Settled at 19.97.

Historical cases of elevated but falling volatility led to more gains for stocks over the next 6-12 months:

Dec 2009: S&P +12.6% over next year
May 2003: S&P +16.4% over next year
July 1999: bubble lasted another 9 months

https://twitter.com/bullmarketsco/st...45842138415106

First time since Feb '20 that the VIX has settled under 20 on consecutive days.

VIX melting down, markets melting up.

Looking to be the first weekly VIX close below both the 200 DMA and 20 level since very early February 2020.

VIX unable to break above 30 this week and put in two lower highs. Long term, anything over 30 has turned out to be a good panic selling opportunity. Bull run still intact?

I have PUT spread $18/$17 & $15 => expect it going to hit 15 before July 4.

Sold all PUT $18/$17 for 125% and sold $15 for 200% and bought 3 CALL spread June 16 $17/$18 for $.10 with the house $

Originally Posted by SWAVET

I have PUT spread $18/$17 & $15 => expect it going to hit 15 before July 4.

Closed 2/3 to add 4 PUT $15 for free + 150% profit

Originally Posted by SWAVET

Sold all PUT $18/$17 for 125% and sold $15 for 200% and bought 3 CALL spread June 16 $17/$18 for $.10 with the house $

VIX is correlation with SPX (both up trend) since 6/28 to present, watch out for the market to start down trend SOON. I have open VIX 8/20 $20/$27 CALL spread for $1.05.

VIX < 20

Closed at 18.9 today. Complacency? Or a calming uptrend?