But added June 18th $15 calls today. Couldn't wait for the buy confirmation.
Will add more the next few weeks on any weakness.
VIX will pop by late May/early June.
Thesis = will drop with weekly chart of bear flag on SPY
Good Luck Yo
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adding more at open = gap has been filled GO VIX GO
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man - not loving this trade anymore.
this low vol while spy goes up is scary if ur long vix
also vix is acting weird - went up with spy a few times last week
trap?
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also broke below trendline
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Buy signal on the daily. I think alot of hedging today, especially after seeing gma & amc rallying hard. Weird market/no vol. More hedging than anything - I don't think this is any indication of what cpi or ppi will print. Market is just waiting. Will be watching closely the next few days.