All vol indexes still @ depressed levels. VXV 13.5, VIX 11.5, VXST 10.1. But the spread btwn far/near term vol is suggesting that it might be time to become less bullish. I've played short strangles and condors with a bullish bias even to the point of short only puts and no calls. Now am looking to be more neutral with my strategies (all using weekly SPY or SPX options).
We have been in a bubble/bust economy the past 15+ years. No doubt about that. Dot com, housing, current bubble. It's just a matter of when.
