SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Vol who wrote (9272)12/18/1998 12:22:00 PM
From: Herm  Read Replies (2) of 14162
 
Vol,

If you recall back in Aug./Sept. there were some big whipsaws in the
markets and the VIX peaked at around 52 when everyone thought the way to go was to buy on the dips. The market recovered and the VIX
dropped down to the 20s and everyone thought the good times where
back.

Then out of left field came a major reversal and major bear dump and the VIX reached an all time high of 60s+. The market reversed and a
major bull run lowered the VIX back to the 20s-30s. You are right Vol, it
makes more sense to say:

Strong Bull Run - When Low VIX values are achieved!
(buy PUTs, sell CCs, short-against-the-box, sell stock)

Strong Bear Run - When High VIX values are achieved!
(buy CALLs, cover CCs, cover shorts, buy stock)

By the way, you can plot the VIX and plot the BB or moving average at
quote.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext