October 28, 2009 at 16:03 PM EDT
Options In Focus: The Option to Buy or Sell?
With a bit more than two hours left in Wednesday’s session, the S&P 500 has tested its 50-day moving average and the CBOE Volatility Index or “VIX” has stretched to more than 15% above its 10-day moving average at session highs. The combination last made an impression on investors back on October 2, for better or for worse. With regards to Mr. Market of course, that meant much better days ahead. Realistically, buying a corrective pullback with
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