Tonight Is The Night…I’m showing how I make million dollar options traders and revealing the #1 VIX pattern that will make your YEAR for gains! clicking here
The VIX got beat down yesterday on the heels for a giant S&P 500 rally.
The S&P 500 was up 76 points or 2.66%
The VIX closed at 31.25.
A 31.25 VIX implies a daily move of less than 2% a day for the S&P 500.
This would mean that today, we saw a rally that moved harder than the VIX closed
Essentially, VIX is making a big bet on the market continuing to calm down.
But, if the S&P 500 rallies like it did today, should the VIX drop? No…and it won’t.
VIX tries to be forward looking but still reacts to movement in the S&P 500 in the end. If the SPX keeps charging, the VIX is going to pop.
More likely, I think we could see a strong rally met with MORE VIX selling when the SPX finally takes a day off or two to drop.
Do I think we could see a 40 VIX again? YES. I DO. ESPECIALLY if cases of Covid-19 pop.
But for the time being, I think we could see some smoother sailing higher.
There are some really cool trades right now based on what the VIX is doing.
I am going to share 1 TONIGHT at my Trader’s Prophecy Event.
MAKE SURE YOU ARE THERE AT 8 ET/ 7 CT time.
The VIX Traffic light is RED meaning we expect VIX to be LOWER 30 days from now.
Your Only Option,
P.S. – I’m super stoked about giving you tonight my crazy trade you’ve never seen before. There is a reason you do these crazy trades that I wrote you earlier about. In short, they work…they have edge…Come find out how to always have this kind of crazy edge!