Quote:
Originally Posted by 25psi_Elise_Killer
I am going to wait a few days to see which if it bounces off of 1280ish support or if it breaks it on the downside. If it breaks it, might short some ETF's and/or buy puts, but buying puts are going to be expensive with the VIX spiking 13% today.
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ok, sounds good... the VIX is interesting to look at but how people actually make money off it is beyond me (and this is all I do...maybe I should ask JJC
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but i agree, that's a stiff premium now. I actually covered big positions here...