Volatility Views 534: The VIX Upside Saga Continues Plus Revenge of the Rundown
Volatility Views
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The May 24th Options Trade
A lot of early week stuff was focusing in on bullish trades with the May 24th options. This is a trade that I do think is targeting the debt ceiling and not maybe get out of it before there's a resolution or not a resolution. And just a backtrack, we didn't really talk about what my exit strategy was on that rolling trade. It's VIX in the 30s, then I think that's when you take off between five and six bucks.
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