$VIX #VXXGame – the VIX is a 10.37 and is right at near term support. I know it can stay low for extended periods of time but this is the area where it has bounced from in the past.
Looking out a few weeks I would expect another bounce to the 12 area. That is where I start selling volatility again.
For now I’m letting old positions roll off via expiration or covering longer term positions if they continue to decay toward minimum value.