Option Millionaires

[PennyPincher12]

I would think that people are covering AH before a drop tomorrow morning. VIX was giving back a lot of its gains into the afternoon and the VXX showed sharp correction a half hour before the bell as well. I guess the VXX could open higher if the U.S data was bad in the morning (or Euro fears continue to rise). I think we will see green tomorrow, though.


Edit: I think I'm on crack, since earnings plays shouldn't have such an effect on VXX IMO. Still, I think people are covering overnight for a gap down tomorrow morning.