Wednesday, June 20, 2007

VIX popped down to 12.75 at the open today, bringing it to intermediate support. Action was somewhat subdued yesterday as the rollover window began to close. Premium faded throughout the day.....I missed a couple valid fills no thanks to my usually reliable broker and the folks at the ISE. Stay tuned to see if VIX will hold at the zero line. I'm playing it defensively for the next couple days as I will be gone all day Thursday and part of Friday to attend the Traders Expo here in San Diego.

No comments: