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Happy Tuesday! Today’s market saw a strong 1.6% update, with the S&P 500 filling gaps and closing above the 21-day moving average. But the VIX is still high at 1809, which means more volatility could be on the way. I’ve placed a bet on it with a straddle on SOXL, which looks like a great opportunity right now. Don’t forget to sign up for our time spreads training this week at markettaker.com/reg.
#MarketWatch #Volatility #TradingTips #TradeSmart
By Dan PassarelliHappy Tuesday! Today’s market saw a strong 1.6% update, with the S&P 500 filling gaps and closing above the 21-day moving average. But the VIX is still high at 1809, which means more volatility could be on the way. I’ve placed a bet on it with a straddle on SOXL, which looks like a great opportunity right now. Don’t forget to sign up for our time spreads training this week at markettaker.com/reg.
#MarketWatch #Volatility #TradingTips #TradeSmart