VOLATILITY INDEX: PICKING UP PENNIES $VXX $VIX #VIX
This post was just published on ZYX Buy Change Alert. Our models expect higher volatility going ahead. The down draft in the market today is an indication of what may come. The best way to protect against volatility is to buy volatility. This is the reason for a long position in VXX. If there is a quick 10% correction in the market, VIX may double. Having said the foregoing, over the last 10 days, some large traders have been heavy sellers of volatility. So far they have been right. However it is important to note that the volatility is already near