Monday 1 February 2016

VIX continues to cool

With US equity indexes closing moderately mixed, the VIX remained broadly subdued, settling -1.1% @ 19.98. Near term outlook offers the 18s, with 17/16s next week.. if sp'1970s. Next major opportunity for hyper VIX upside is likely not until mid March.


VIX'60min



VIX'daily3


Summary

*there was a 'rogue print' of 23.66 in the morning, and is arguably to be dismissed as such.
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Little to add.

VIX looks set to continue melting lower into next week. It would seem the 18s are viable this week, 17/16s... next Wed/Thursday.
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*I've eyes on TVIX-long, but will hold off at least until Yellen appears next Wed/Thursday
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more later... on the indexes