VIX Trade Idea

Mark Fenton (at Sheridan Mentoring) wrote an article about an “interesting VIX trade.” Mark's trade was based on the assumption that the VIX could go a lot higher and that you wanted to buy calls. Let's look at his idea. Mark started with a put credit...

The Risk is Gone: VIX at a Seven Year Low

The VIX held above 11 most of the day yesterday but closed with a thud at the low for the day of 10.73! The last time the VIX was below 11 was on Feb 23, 2007 when it closed at 10.58. On Jan 24, 2007, the VIX closed at 9.89. The lowest price I saw on a 14-year chart...