VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?

VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?

 

possible, you must know VIX is 30 days movement, but I bet a drop in coming days. It has had one for a while now.

 

Its just ODTE fuckery.

 

it means only one thing....spy to the moon tomorrow morning 6/13/23...after the cpi report...u fellas place your bets yet?

 

The rally in the vix could also be bullish if you believe options traders are informed.

 

Or not.

No opinion either way. What happens current day, not 30 days is my only priority.

 

I long 50 cents exposures in the rolling 3 months as a hedge.

 

Buying fkload uvix uvxy if they spike at 8:30 cpi

 

Futs are starting to drift down somewhat this evening.

 

So long the trading range expands, the vix will respond higher. That’s the math.