Today was the smallest RTH range since this whole 'sideshow' started. The daily range peaked at the 13th of March with 218,25 points. My proprietary volatility measure peaked at the 18th of March. Both have been slowly contracting ever since. It remains to be seen if volatility will pick up again or if the wild days are behind us.
A couple of dudes on here were short and bearish . Wonder if they covered today.Up 28% theres a good few day short coming up .
I'm no expert on the VIX, but I believe VIX is a measure of implied volatility as in daily percentage change over the next 30 days. The statistic I'm showing is a record of actual 'micro' price movement, i.e., swings over the course of a given day.
Added short today and will let it sit. In observation mode, so won't add more at this point until I can calibrate this movement.