it's that time of the month. No, it's not Hygiene. July CT spread is ZERO, the CAsh Vix is positive on Roll Yield as well. The Curve went into backwardation slightly... ___________________________________________________________ Hopefully, a PCC Squeeze into the next DUMP.
Losing the 55ED_EMA was not a good look for Vol.OnlyFabs. The downtrend we indicted remains in Trade for now. Vol of Vol collapsed well below the 103 Pivot... primarily due to a solid lack of participation. With $x Expiry ahead on the Day of the FOMC Rate Decision, it's going to be a highly volatile day. _______________________________________________________
Double the Fun. Double the Danger. Double, Double down... 25.60 Gap
VX2/VX1 Looking at Extremes in the Slope of the VIX Futures Term Structure. This is just to show how the signal is generated & some data on it will overlay the signals on that breadth chart I use to illustrate how complementary Simple Breadth + Vol Metrics Can be for Long Term Buying/Selling.
Settlement is complete. Lower Po's are now open. VIX Roll Yield 105 Bips.
The VIX has Gpas slightly below into the 29s on the 15-minute chart. Breaking 30 would create an immediate dump. Friday will provide a tell for the CT for the Indies. ___________________________________________________________ The VX Curve remains in Backwardation will beyond M2/V2.
When the Vix trades its supports, it rallies and the Indices decline. They never make it to Full Resistance. Never. ____________________________________________________________ The ARB is to use the PCC over 1.28 to 1,35 for countertrend squeeze. A trader who continues to project a bottom... persists in being incorrect. Bottom Callers have been chumps time...
A Pullback to the support zone, 26.00 should be observed for a reaction. The 2022 50% is the Key Over/Under. Consolidation PB is underway ahead of EPS. 26.00 is the PO 31.20 is the extension on reversal and back to the larger trend.
Watching Vix to see if it holds the line and or bounces if not back to 16 we go Playing Spxl and or HUV
Disappointing the VIX was unable to break up and out on a surrender move for the Indices. Lower Price Objectives will continue over time for the near term with minor retracements. VVIX is showing a PO @ 103s. The VX Curve is attempting to flatten somewhat. with the Indicies approaching extreme overbought readings - VX could pick up Short Term.
By the Numbers - VIX indicates a potential Index Pullback approaching either Today or tomorrow. IT is currently sitting on 2022 Support. Protection is absent across the Equity Complex, an ominous sign once again.
Option squeeze on Delta for Puts. Selling the Futures against the VOX Pullback to PO. New Lower Lows ahead.
the upside in short term vix futures remains muted as limitations on how far out broader market shorts in the money puts are due to backwardation in front month contracts. this is leading to derivatives like UVXY to probably continue to sell off of overbought. we could find ourselves back in the low 14s UVXY if we see 22 vix again which should be soon. if we go...
Much better to panic early than late. The VX1-VX2 spread helps you define when market participants are starting to panic. The backwardation / reversal is a sign that market participants are starting to panic. In this sense we can use it as a risk mitigation tool, including the distributions of returns for the stock market and the volatility when futures are in...
Simply observe VVIX or Vol of Vol. VXG is being Rolled Early, see Volumes. Anticipate the usual Gamm to Delta Trade into LAter Settlement. _____________________________________ Keep it simple.
Given the VX Complex has asserted a Positive Weekly Trend for the First time since the Roswell Crash (4/5 LT Structure) - the ST Structure indicates more to come for IT 4/5. ________________________________________________________________ % Contango M1 @ 3.66% M2 @ 1.74% M3 @ 0.78% M4 @ 0.12% M5 @ 1.51% M6 @ -0.38% M7 @ ...
That TRend is Higher into March. How it unfolds, is a matter of interest to everyone with Skin in the Game at the Flamingo. Given VX Crush Friday is here, we see how the day unfolds. ______________________________________________________ It is usually after the EU Session closes the VX COmplex assault begins and accelerates into the Close. Yields will wreck...