VIX at extreme oversold, with downside limited.
Should be a good 'long' trade for those skeptical of the 'bounce'.
Also having a 'long VOL' hedging strategy is a great way to hedge your other long trades in the event that the market does turn down.
Short Term Trading Week Starting: 7 Jan, page-98
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Last
8,699.1 |
Change
-0.900(0.01%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,700.0 | 8,700.0 | 8,649.0 |
| XAO (ASX) Chart |
