Last edited by MUSCLE13; 08-13-2015 at 08:30 PM.
I don't need an actual rate hike for the VIX to jump a few points. I just need uncertainty created in the market by the possibility of a rate hike.....or another devaluing of the Yuan by China.....or a terrible (or great) employment or CPI report.......hell, even a shootin' war in the middle east, I'm not picky. Anything to create some instability that would cause the VIX to jump (for the record, that "shooting war" comment was joke). The fact is that the markets don't like uncertainty, so anything that would cause uncertainty would help my VIX position.
But with my luck and my history, this next month will probably be the most boring, predictable month in the last 30 years and the VIX closes out those options at friggin' 8!
Is it possible? Are we finally breaking through the $4 wall?
Slow morning BDP... Thanks for starting the day off. I will be post no. 2
@Muscle...
Liberty Media Corporation (NASDAQ:LMCA) Price Target Update
http://www.moneyflowindex.org/libert...ate-2/3101623/
And there's that pesky $4 wall again...😡
Not playing out as expected with the greenish day. Should get a bounce at 3.93/3.92 area..looks like Faulkners short $4 and cover 10 cents lower is looking good right now.
EDIT: The day is young though....lets see what happens.