MF4: Be careful trading any investment vehicle based on the VIX. Right now I have purchased quite a bit of XIV which should rise as volatility diminishes for a time. XIV had a high over $19 and I bought in all the way from @ $10 to @ $9. I hope to see it rebound to @ $17, which would be almost a 66% Fibonacchi retracement. But I have stops in place just in case. Be careful. It's tough to trade volatility, especially with options.
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