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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Tweets Boar Hog who wrote (3148)5/12/2023 4:02:23 PM
From: yard_man  Respond to of 4452
 
barbeque sounds good

The VIX June 21 22.0 call is bid 1.89 ask 1.95 as I type.

If the VIX made 28 between now and then -- intrinsic value (6) alone would make it more than 3X your money.

If VIX made that in early July -- it could be 5X your money.

But somebody we know says the prospect is very unlikely.

[max pain right now around 21ish]

The weekly chart for VIX -- shows more sparse clustering in spikes as of late also ... arguing at least for a minor spike soon?



To: Tweets Boar Hog who wrote (3148)5/12/2023 4:07:18 PM
From: yard_man  Read Replies (1) | Respond to of 4452
 
I may be wrong about this: just anecdotal -- usually Fridays are down days for the VIX -- green close at all is noteworthy