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Volatility Views 540: The VIX Upside Saga Comes To An End

Volatility Views

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The July 12th, 1450 Puts Trade

A seller of 444 VIX July 12th, 1450 puts. Anybody want to guess the price? 44 cents. There was a buyer 300 of the July 5th 25 calls at 11 cents. I have like plenty of little dots for a little while to work up to a position. They think something's going to happen over the fourth over the holiday weekend.

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