Volatility index ($VIX) - Closed below the 200 period daily 4 days in a row (red line) and 50 period as support on the weekly. This should help suck the premium out of the puts we have. Maybe some of the uncertainty is coming out of the markets. We should start expecting less premiums on the puts we sell in the near term future. We will make less premium, but will help our stock support levels because the markets will rise slowly.
Wednesday, April 8, 2009
$VIX
Volatility index ($VIX) - Closed below the 200 period daily 4 days in a row (red line) and 50 period as support on the weekly. This should help suck the premium out of the puts we have. Maybe some of the uncertainty is coming out of the markets. We should start expecting less premiums on the puts we sell in the near term future. We will make less premium, but will help our stock support levels because the markets will rise slowly.
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