VIX!!!HS, the VIX is about to crash. I'm accumulating SDIX (short VIX) and buying puts of UVXY at every short term rally. SP500 heading to ATH.
Top 5 Weekly Trade Ideas #5 - VX Critical SupportTo wrap up the ideas for this week I have to choose VX, I don't trade it directly but it will be key to determine the direction for the rest of the week. So far it has held around 18.40, which was also last week's low. In addition to the 18.40 support here we also have trendline support. First upsid
Top 5 Weekly Trade Ideas #4 - VX S/R FlipBig move up for VX after bouncing near 18.40. This is mostly due to some weakness in semis after leaked earnings on ASML. 19.40 will be a key area on VX moving forward. If it goes up there and fails I'd be looking for longs on ES/SPY. If it's able to break above and continue higher, I'll start looki
VX Ascending ChannelVX has shown a lot of strength over the last couple of weeks which I consider to be unusual. DXY and treasury yields have also spiked recently, but the equity market remains resilient. We've been chopping for weeks and we'll likely see a big move once this range breaks.
VX had a big red day today
Using VIX futures to manage equity risk over the US Election One-way traders can look at expected volatility and movement in the S&P500 over the US election volatility is by looking at the premium or the differential that VIX October futures hold over VIX November futures.
Because the VIX index takes in a series of S&P500 options strikes that blend to create
Top 5 Weekly Trade Ideas #1 - VX Falling WedgeI posted a similar chart last week, but as I'm looking at things after today's action I still think this is the most important thing in the market right now so it's going at #1 even if I don't plan to trade it directly. I wouldn't recommend trading VIX or UVXY, maybe VX futures but that's not for me
Using VX to Spot Divergences + Intraweek UpdateWe've had some great examples of clear VX divergences lately so I wanted to highlight that here. VX is a key component of my strategy and I don't believe it is used enough by most traders. It'll be important to monitor moving forward as we see rising volatility and global tensions. I also go over th
VX Bull Flag RetestWe had another very large VX divergence this morning after VX broke out of its bull flag and soared above 19.20. However, ES remained flat and VX came all the way back.
Now is the critical retest of both the bull flag and 19.20. If it doesn't hold id expect a squeeze on ES, but this is a great spot
Huge VX DivergenceMassive divergence this morning between ES/NQ and VX. Makes me thing this little rslly.is about to be erased. I'd be careful on either side, looks like we're finally gonna start moving.
Next upside target for.VX is 19.20 assuming it doesn't stall out here around 18.20. Important to watch.
VX Falling WedgeI was watching the 19.20 level before FOMC and VX didn't even get close. However, it is holding up better than I'd expect on a day like today. It has been pretty flat lately rather than only going down like in the summer.
It has a falling wedge that may lead to a big breakout and test of the 19.20
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Cboe Volatility Index (VIX) Futures is Oct 16, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Cboe Volatility Index (VIX) Futures before Oct 16, 2024.