Monday, September 15, 2008

VIX 2001, VIX 2002

Yes different time but the 2001 run up in VIX is looking v much like the one we have now. VIX was already running up and the g.m. tanking before the attacks.

2002 less similar but something to think about

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Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls