Cobra wrote:well, target met, but no sign of stop.
Hi Cobra,
Would you consider the trend change now?
need a lower low, so far no.
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I thought you were out at the gym taking swimming lesson with that old man Zzzzzz.....I know he is peaking.
LOL! No…very busy day!
Figuring out the VIX…
I know VIX is stubborn, I got nothing to go with this morning until second half.
In the morning while VIX was very low, Da BoyZ were writing (i.e. selling to open) VIX puts…lots of them… The P/C ratio was huge and thus VIX was going even lower….
Then…they started to buy very cheap VIX calls, mainly Jan!
Good job, Boyz!
I thought you were out at the gym taking swimming lesson with that old man Zzzzzz.....I know he is peaking.
LOL! No…very busy day!
Figuring out the VIX…
I know VIX is stubborn, I got nothing to go with this morning until second half.
In the morning while VIX was very low, Da BoyZ were writing (i.e. selling to open) VIX puts…lots of them… The P/C ratio was huge and thus VIX was going even lower….
Then…they started to buy very cheap VIX calls, mainly Jan!
Good job, Boyz!
bears need a lower low to confirm trend change, with RSP already made a lower low, so I think bears have the chances.
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