VIX hits 3 year highs

Thursday, June 08, 2006 | 12:12 PM

The VIX is now over $20, a level not seen since 2003.


I have sold some of my SPY Puts just as a function of their gains; I still have a decent slug of the Septembers (wish I bought more).

I also put a toe in the water buying with some Qs (long), but readers are warned my timing was awful last time out.

NOTE: Long SPY Puts, VIX calls, QQQQs

Thursday, June 08, 2006 | 12:12 PM | Permalink | Comments (15) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



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You must be rich the way things are going lately. The next Kudlow appearance you should show up with tons of bling and wads of cash falling out of your pocket to rub it in the permabulls' faces.

Posted by: Brian | Jun 8, 2006 12:29:31 PM

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