Jeff 6:47 am on Tuesday, May 10, 2016
Tags: SPXcampaign ( 2,265 )

SPX calls sold

#SPXcampaign Sold to open $SPX June 10th 2145/2170 call spreads for 1.40, with SPX at 2071.

thomberg1201 7:41 am on Tuesday, May 10, 2016

Followed at 1.40 thank you
Meera 12:23 pm on Tuesday, May 10, 2016

Jeff, do you see VIX indicator firing an upside warning after today’s move?
- Jeff 12:48 pm on Tuesday, May 10, 2016
  
  No. The upside warning is generally useful only after a correction, or after a downside warning was fired. It is designed to indicate a big move to the upside is coming. We currently are still technically in the upside warning that fired in March, but because of the consolidation I took it off. So we remain neutral. We may continue higher, but it should be at a reasonable pace, rather than face-ripping rally we saw in March/April.

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