BY MARK SEBASTIAN
April 19, 2024
Hey Traders,
Question?
Are we here:
The above is 2020
There is always a down VIX day before it explodes…go back and look…Here is 2018:
Here is 2012
Here is 2011
The lone exception is 2015:
2015 happened and ended really fast…but I think you can see the pattern…
Any thought that we are going to see a quick trip back to 12 should be thrown out…Rates are exploding…
Bonds look like they are about to fall apart
The VIX curve is in partial backwardation:
I think the market is setting up for a fall.
I still have not executed my UVXY trade…there is a reason:
UVXY might hit 50, but Ill know when to jump in my trade… you still have time to join…I am going to make 100% in at this point probably a few weeks….
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
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