Last night on Stocktwits TV I discussed some adjustments traders can make to trade increased volatility. The VIX had climbed from 18 to 40. Friday the VIX closed above 41. These are the markets short term traders crush.
Today I walked in with the VIX off over 30 percent. It has rebounded nicely to close above 30. On the Open SPY traded in a boring range from 115.80 to 116.30. And we closed in between these levels. There were a few fake breaks above and below but nothing sustainable.
So whoever stole my volatility please bring it back. I am offering a reward.
4 Comments on “Who Stole My Volatility?”
I think your volatility got sold for approximately one trillion dollars… Unfortunately, I don’t think it’s coming back for a while…
I think your volatility got sold for approximately one trillion dollars… Unfortunately, I don’t think it’s coming back for a while…
gaps up or down with no intra day movement. yawn……………
gaps up or down with no intra day movement. yawn……………