As of the time I'm writing this (1pm MT), the VIX has been trading back below 30:
While this doesn't mean the coast is clear and the bull market is set to resume, it does signal the extreme fear that exploded last week has subsided as market participants have had time to digest all the headlines and manage risks.
In today's Flow Show, I flew solo and I laid out the latest on the put spread selling campaign I've been executing in $QQQ options since last Wednesday.
I discuss why I implemented the campaign, how it's going so far, and what the next steps are in managing these trades now that $VIX is back below 30:
Sean McLaughlin | Chief Options Strategist, All Star Charts
