VIX @ 40.....VXN breaks 50 today

Discussion in 'Trading' started by optionsplayer, Feb 13, 2003.

  1. Anyone tracking this recent leg down technically speaking??

    With an options expiration week coming up, this should really be interesting. At some point, a significant bounce on coverings is strongly possible.

    I know like clock work last year when we were at these volatility levels (actually the VIX in the low 40ish range, we always seemed to bounce) and when I say bounce, I am talking about a day or day and a half.

    This seems to be a good chance for the Dow to retest the low of last year.
  2. VIX hit 40+ today! Time for a revival!