Watch them close it around that 32 level as close as possible.
There's a strike price there and there's expiration today. Traders
are going to want to take out some hedges before the weekend
also.
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VXX- is going up nicely through the middle of day even when the spx was moving up
Posted by markrab on 25th of Feb 2011 at 02:39 pm
Watch them close it around
Posted by cw12 on 25th of Feb 2011 at 02:47 pm
Watch them close it around that 32 level as close as possible. There's a strike price there and there's expiration today. Traders are going to want to take out some hedges before the weekend also.