Looking at the Historical Volatility (HV) for clues on the next bounce in the ProShares Trust II VIX Short Term Futures ETF ($VIXY).
A drop to the range of 20 to 25 on the HV has previous indicated a incoming bounce. We are almost there.
I have a few June 18th $12 calls currently will add on a drop to or below 25 on the HV.
Mr. Market remains fearless even with the recent default of Archegos - lets see if that holds.
A drop to the range of 20 to 25 on the HV has previous indicated a incoming bounce. We are almost there.
I have a few June 18th $12 calls currently will add on a drop to or below 25 on the HV.
Mr. Market remains fearless even with the recent default of Archegos - lets see if that holds.