Replies to post #57564 on Options Wonderland

[youaretheone]

hmmm...last couple of days, they were loading up on vix 20-25 put spreads...

spx 1218.75 down to 1010, almost a 7/8ths move to the 0/8ths line...no bounce to the 3/8ths line, a 2/8ths retrace which is 1093.75...usually see either a double bottom or actual touch of the 0/8ths line before either deciding to break up or down...but if we close back in the pipe today, i would have to be inclined to think that 1125 and 1156.25 is possible...

[theparty]

out 10 vix 25 puts @ 1 , from 1....hold another 10...@_@