According to my discussions with ChatGPT and analyzing various metrics we are currently in one of the longest periods, if not *the longest* period, of Vol suppression in the entire history of volatility.
Zooming out and looking at the current chart pattern VIX is very clearly in a falling wedge, which means its falling days are numbered.
Once you see a daily close breach of the upper boundary of the upper wedge channel, I would consider buying some VIX 30 calls for Oct 22 expiration.
Once VIX pierces 25, take profit and close the option.
Good luck and happy trading!
Zooming out and looking at the current chart pattern VIX is very clearly in a falling wedge, which means its falling days are numbered.
Once you see a daily close breach of the upper boundary of the upper wedge channel, I would consider buying some VIX 30 calls for Oct 22 expiration.
Once VIX pierces 25, take profit and close the option.
Good luck and happy trading!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.