I interpret the 110 vomma zone needs to be dynamically calculated over time as IV changes since VVIX measures IV of VIX options. I believe that level has increased over time as IV and use of VIX options has increased.

When I previously looked into this topic this was helpful: https://www.macroption.com/volatility-vix-vvix-1307/ 

They show that VVIX tends to be higher when values of VIX itself are higher but not as much as one would think. It’s definitely academic stuff and I’m sure there are HFs calculating real time optimal zones. 

AMZN selling off this much and not bouncing should be very concerning for market. There are no big buyers stepping up like other times. 

200d not far below. Wouldnt buy here b/c it’s likely going there in near future.  

Bought NUGT (2x GDX) week ago a few pts lower as a ST trade and sold today near highs on gap up, which is approaching ST resistance.  For my style, I would like to see it  clear the 62 area before re-entry. Miners look ready to move higher on charts though.

Issue w/ many Chinese issues is regulation and no ownership overseas. Additional risks beyond the company itself.

https://www.zerohedge.com/markets/everyone-crosshairs-china-sees-panic-selling-amid-unprecedented-crackdown 

Thanks for sharing. Will watch on my favorite 1.5x speed. I always learn something new from insightful podcasts or videos.

@Matt - I started noticing the gap closing several wks ago and wanted to ask if history shows similar reduction of the delta before an ultimate 2d (or weekly) DVT sell trigger?

I would assume there is serious short covering adding to this parabolic move. Wish I would have held my calls. 

Anyone use TS on Mac OS? Tried previously via dual OS config but didnt like. I use TOS mainly - works well on Mac. Better to buy a separate Windows computer? 

KO  Coca-Cola up post earnings. Testing pre-covid highs, and looks poised to run to 60 which is the non-dividend adjusted level. All timeframe charts look great. Slow and steady mover.

Market may want next TICK if strength continues. Strong buy dip programs today.

2nd that...made huge profit on SPX calls. Bought lows above 2d DVT w/ expectation of touch/ go day to fill gap. I use a blend of indicators to trade based on probability. 

Matt - Would be interested to see your guys' take on wave counts in next newsletter and where this pullback fits in. Thanks.

JNK/HYG forming small coil; down slightly today. Dont assume bearish; could be either way in this market phase.

Thought I should share an educational mishap of sorts...sold 414 SPY Puts at open Fri...worked great all day; SPY closed 414.92. Didnt close b/c thought it was far enough over to not be assigned.  AH Fri SPY dropped to around 413.6. Was assigned shares...was ok due to oversold price and premium greater than difference.  Could have closed Puts for $0.01 during day...sometimes its best to eliminate risk even if probability is low...

SPX 5min appears to be forming a tight falling wedge...

Yesterday looked like a B bounce rally, now into C with measured move to around 4180...will see if that area holds. I sold SPX puts expiring today at lower levels w/ these elevated premiums. 

CAT stretched on weekly and monthly charts…profit taking. I’m watching around 200d to see how it acts but being patient after run it’s had. 

Many S&P ETF ex-div dates after op-ex this Fri

GDX filled the gap...