VIX is nearing 13! It's time to open a bullish VIX position 🚀
✅ 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!📈🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.