Replies to post #71782 on Options Wonderland

[**D*A**]

There is a lot of conviction buying in TVIX today.

The daily Vix has been range bound for quite a while. A break of that channel would be substantial. I also learned in the past, when the $vix goes over 20, there are more emotions involved, and the short term charts weren't as reliable. Long term like weeklies and monthlies seemed to work better.