Unprecedented VOL suppression will lead to VIX October explosion

30 Jul

According to my discussions with ChatGPT and analyzing various metrics we are currently in one of the longest periods, if not *the longest* period, of Vol suppression in the entire history of volatility.

Zooming out and looking at the current chart pattern VIX is very clearly in a falling wedge, which means its falling days are numbered.

Once you see a daily close breach of the upper boundary of the upper wedge channel, I would consider buying some VIX 30 calls for Oct 22 expiration.

Once VIX pierces 25, take profit and close the option.

Good luck and happy trading!

20 Ogo

Dagangan aktif

Getting very close to a VIX breakout. Today's action had me excited but of course, bulls came back to suppress volatility once again. They are slowly failing though. I think it's good to start layering in VIX calls here. I still think October 22 is a good one otherwise November will produce less profit but you'll have longer for the trade to go right.

Good luck!

20 Ogo

Nota

kelmarin

Nota

The current iteration of the chart looks like we may have finally hit bottom. We can expect generally rising volatility over the next 4 months.