Markets Do Go Down..and VIX Does Go Up

Today was just a gentle reminder that markets do actually go down. Second biggest percentage move higher (16%) in the VIX so far this year. Will be interesting so see if the sell-off was a one day wonder or the beginning of leg lower.

Closed out the SPY straddle recommended in the video just published for a 43% net one day gain.

Party on!

Posted to Options & Volatility on May 26, 2015 — 4:05 PM

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