Volatility
August 23rd, 2006 by 
reality
The recent rally brought the Volatility Index (VIX) down to a low of 11.6. It had been as high as 24 in June. It seems to me that there is a good shot that volatility will go higher in the fall, so I bought some calls on the VIX. Basically I couldn’t stand sitting through this rally without doing something, so I’ll probably regret this.
Posted in Stocks | 
August 23rd, 2006 at 4:19 pm
My model is forecasting a decline till Tuesday’s close, so I think you’ll do OK.