VIX Momentum stalled out today. I think we will see VIX retrace back to the support level before further upside, especially since it gapped above it and it has not been tested. tradingview.com/x/wYXVUQxb
VIX I’m patiently waiting for SPY to creep up the wall of worry again. This is not the reaction I wanted for a vol event. With the extreme put-to-call ratio (more calls than puts in this case), I’ll wait after June OPEX.