✅ The VIX is nearing 13. Based on my analysis, this might be a good moment to consider cutting back on stocks and opening a bullish VIX position.
I went long on a VIX CALL with a 10th strike.
Historically, the VIX has rebounded from the 13 level. I'll increase the position if the VIX retreats further and take profit when it encroaches on the 16-19 bracket.
Remember to always manage your risk. Don't put all your eggs in one basket. Happy trading!📈🚀
I went long on a VIX CALL with a 10th strike.
Historically, the VIX has rebounded from the 13 level. I'll increase the position if the VIX retreats further and take profit when it encroaches on the 16-19 bracket.
Remember to always manage your risk. Don't put all your eggs in one basket. Happy trading!📈🚀