VIX could explode anytimeCan you remember the Corona Crash?
VIX spiked up to a reading of 80. and VIXL made a stunning 3500% profit!!!
I think a similar event is about to happen over the next 6 month's. (most likely just around the corner)
Right now we are in a Bear Market, and we haven't seen capitulation yet, which is quite normal in such a market.
When this happens the VIX should spike up to 45-80 which would equqal with enourmous profits in VIXL (probably 5-30x)
Right now VIXL is around a reading of 1.
I just wanted to remind everyone of this oppertunity.
Of course, long term you lose money with VIXL, but when you expect a VIX above 40 it can get very profitable short term.
Just an idea from me, no investing advice.
Cheers✌
