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The Option Block 1184: Strung Up On The Gibbet

The Options Insider Radio Network

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The Jovanazi 4100 Magnet Could Come Back Into Play

It's been nearly two years listeners since we've seen a 16 handle in VIX, let alone this other rarefied element we have thrown in there with volleyball is getting bid to high heaven. The highs of the year were made on February 2nd when the S&P had 4195 and then the low after that was roughly a month ago on March 13th when we hit lows of 3808. We're really in quite the channeling market between 3800 and 4200 approximately. Pretty much since the last six months or so. And it'll be interesting to see if we are able to break one of those two levels, but for the time being, we're staying pretty tight

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