Revision to VIXY
My positions are still between 49,44,35. Watch for the 37 - 41 band to flush in the next 10 - 14 days. I believe that with more news forthcoming on the oil, and additional numbers not truly baked in for the unemployment and payroll, we will see a pop to the volatility. Unemployment numbers were estimated 4.1 to be 5million; they came in north of 6.6. Tomorrow, 4.2 will be an important trading day going into the weekend.
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