A Tale of One Ugly VIX

• Posted by Adam Warner
• on March 4th, 2010

It was the worst of times, it was really the worst of times for the VIX the past few weeks as we go over on The Options Zone.

If you like to trade volatility, then you must have absolutely hated the past few weeks. As of Wednesday’s close, the CBOE Volatility Index (VIX) had dropped 15 of the last 16 trading sessions.

That’s the worst performance since the bull began in March 2009, according to The Pragmatic Capitalist. And, honestly, it’s hard to imagine there are too many times in any market where we went 16 for 16.

In percentage terms, the VIX has dropped about 30% in a mere three weeks — not a pretty picture.

 

Please click thru here for the balance of the post.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus