🏛GAMESTOP 2.0❗️VIX SHORT SQUEEZE COMING↗️LONG🚀
Updated
☑️VIX is trading above a strong daily level
From where is typically surges Up sharply
There are two falling resistance levels ahead
If first one gets broken the second will be retested
Why short squeeze? The short float is at its record highs on VIX
According to Morgan Stanley A record flow of retail investors are flooding into VIX ETF's
While the number of short positions from institutions is at its pre-covid levels
Long VIX idea is circulating around Reddit trading community
And as the short selling became the new target for the mass retail investor
A sudden surge of long positions might trigger a massive short squeeze
With higher and higher call options strikes on VIX ETF's being triggered
And more inflows into the ETF following to cover the calls
And the ETF's buying VIX contracts responding to the inflows of cash into ETF's
That will create a vicious cycle and we might see a significant repricing of the S&P500 options as a result
With many institutions hurting massively, more so than from the Game Stop surge.
LONG!
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Note
Target 1 reached!
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