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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: jebj who wrote (9276)12/18/1998 2:29:00 PM
From: ed c.  Read Replies (2) | Respond to of 14162
 
Hello Jb,

I'll try not to confuse you so much this time. The CBOE posts the VIX daily. cboe.com The VIX is not necessarily a contrary indicator. When the VIX approaches high levels, such as above 35, it usually means the market is near a bottom and is ready to either stabilize or go higher. When the VIX gets to relatively low levels such as around 14-17, it means the market is ready to explode in one direction or the other (not necessarily lower).

ed


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