chartingman43

Long VIX to hedge your call options

Long
chartingman43 Updated   
CBOE:VIX   Volatility S&P 500 Index
Market looks to be topped in. Those are want to hold on to shares should hedge with a vix call option. Target is 50-52, which would coincide with a rapid 8-11% drop within 2-3 days
Comment:
Price pumped to 32. Lot of room to go up.
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