VIX Hits One-Year Highs
OEX traders. The VIX hit its highest levels since April of 2000 before it began
to tail off. Watch for
strategies that seek to capitalize on a reversion to the mean in volatility.
Just remember to hedge your bets as these strategies offer limited gains with
the potential for unlimited losses.
the sectors mentioned recently on the short side tailed lower before recovering.
If you have positions left here, you make sure you lock in a piece if not all of
your profits as it appears an overall market bounce is underway.
luck with your trading on Friday!Â
Protective stops on every trade!