Vix update 1/30

There was a slightly larger range in the Vix yesterday, .84 cents, but the net result was if you didn’t sell it early then you probably didn’t sell it at all. The high for the day was shortly after the open and the index did nothing but sink thereafter , closing at 13.31 .27 cents off the low. It is still at the very bottom of it’s 52 week range and if that is an attractive entry point for you , then there are numerous strategies you can employ. Long call spread, or short put spread, to name a few.

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