Here's the other side of the volatility trade. Lesson, don't hold long vol in the face of a 3rd wave down...
I'm expecting a bounce between here and 18.20/.13 region back to 21.39 - 22.39 in wave (iv). Then continued decline to 14 region. Wouldn't be surprised by decay lower than 12.
I'm expecting a bounce between here and 18.20/.13 region back to 21.39 - 22.39 in wave (iv). Then continued decline to 14 region. Wouldn't be surprised by decay lower than 12.
