Options Oracle: 07/23/21

TOO 072321

After taking our profits on the September 15 calls in the Volatility Index, we’re seeing another buy signal on the charts today. So, we are now going into round two with a long call position on the VIX. However, this time we are moving into the November option chain. This will give us more time to relax with the position without having to worry about running out of time on this position. Happy Trading.

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Below you will find a PDF file that outlines more of the details for this new position. Please be sure to review all of the material before entering any trades to your account.

Note: This is a trade setup for the opening of the market tomorrow morning (Friday July 23rd).

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