exp, I think you have my thoughts. How about this VIX chart:
stockcharts.com[h,a]waclynay[df][pb10!b20!d20,2!a42.78!f][ilh5,5!li10,10!lp14,3,3!lb14!la12,26,9][J8350348,Y]&pref=G
Forget the absolute values of the VIX. Look at the lower BB's and the Slow stochs. That's the real story.
Max Pain for Dec. is 25 or 26. It won't be 27.
As for the put call, I reiterate again that if you look at the amount of drop rather than the absolute value, you get the same result. The put/call is in an up-channel, and I believe it will bottom at a higher value than you think. |
