jongo, VIX trades lok set to be very profitable over the coming months. Market volatility should be good and healthy.
I'm looking hard at how to make the most of this rare coming opportunity. US markets are now over bought by my reckoning, especially the NASDAQ biotech stocks (and therefore indices).
If you look at IBB you can see the pullback that should happen on a decent market weakness. The best trade I can see is BIS, a short on the IBB priced around $11.50.
Little downside plenty of upside.
Comments?
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