When the 10 Day Regression line crosses the 30 day regression line, especially when the 10-day regression line then crosses the 0.2, 14-Day Bollinger Band, it's been money on call options within the next 30 day for the past six months. Today's signal suggests that VIX will spike again prior to July 16. It's well worth it for me to possibly triple or quadruple my money on a limited risk call from $17.
Of note, there was a false signal July 30, 2020 that took 34 days to pay out. You can hopefully avoid a repeat by avoiding where the center Bollinger Band is not in a steep downtrend (currently it is rather flat).
Of note, there was a false signal July 30, 2020 that took 34 days to pay out. You can hopefully avoid a repeat by avoiding where the center Bollinger Band is not in a steep downtrend (currently it is rather flat).
Comment:
Crossover has completed.
