Looking at the Historical Volatility (HV) for clues on the next bounce in the ProShares Trust II VIX Short Term Futures ETF (
VIXY).
A drop to the range of 20 to 25 on the HV has previous indicated a incoming bounce. We are almost there.
I have a few June 18th $12 calls currently will add on a drop to or below 25 on the HV.
Mr. Market remains fearless even with the recent default of Archegos - lets see if that holds.
VIXY).A drop to the range of 20 to 25 on the HV has previous indicated a incoming bounce. We are almost there.
I have a few June 18th $12 calls currently will add on a drop to or below 25 on the HV.
Mr. Market remains fearless even with the recent default of Archegos - lets see if that holds.
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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.