Brian Stutland Shares His Toughts On VIX

Loading...
Loading...
On CNBC's Options Action
, Brian Stutland spoke about trading action in VIX on Monday. He said that there were only 69 trading days when the VIX traded above 50 and those days were in 2008 and 2009. The VIX traded above 50 in the early session and then it pulled back. Stutland sees that as a capitulation, but he might consider buying on Tuesday or next week because there is a lot of panic and people are paying insurance just to get out of this market.
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMediaBrian Stutland
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...