The VIX, which measures complacency and fear
in the pricing of time premiums of index put and call options on the S+P 500
has been in a multi week rounded retracement bottom, from the Dec.2018 high at 36
tracing and tagging the lower Bollinger Band in the process.
The set up is there. Give it the needed time to evolve, and execute.
But,.. if there ever was a formation in volatility that could catch the majority by complete surprise,
accompanied by a sharp downside break in the S+P 500
,..you are looking at it.
VIX Last 14.91
THE_UNWIND
2/16/19
NEW YORK
in the pricing of time premiums of index put and call options on the S+P 500
has been in a multi week rounded retracement bottom, from the Dec.2018 high at 36
tracing and tagging the lower Bollinger Band in the process.
The set up is there. Give it the needed time to evolve, and execute.
But,.. if there ever was a formation in volatility that could catch the majority by complete surprise,
accompanied by a sharp downside break in the S+P 500
,..you are looking at it.
VIX Last 14.91
THE_UNWIND
2/16/19
NEW YORK