VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?

[elite1974]

VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?

 

[mervyn]

VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?

possible, you must know VIX is 30 days movement, but I bet a drop in coming days. It has had one for a while now.

 

[Tsing Tao]

Its just ODTE fuckery.

 

[vincentnyc]

it means only one thing....spy to the moon tomorrow morning 6/13/23...after the cpi report...u fellas place your bets yet?

 

[newwurldmn]

possible, you must know VIX is 30 days movement, but I bet a drop in coming days. It has had one for a while now.

The rally in the vix could also be bullish if you believe options traders are informed.

 

[SunTrader]

Or not.

No opinion either way. What happens current day, not 30 days is my only priority.

 

[mervyn]

I long 50 cents exposures in the rolling 3 months as a hedge.

 

[KCalhoun]

Buying fkload uvix uvxy if they spike at 8:30 cpi

 

[SunTrader]

Buying fkload uvix uvxy if they spike at 8:30 cpi

Futs are starting to drift down somewhat this evening.

 

[mervyn]

Futs are starting to drift down somewhat this evening.

So long the trading range expands, the vix will respond higher. That’s the math.