Welcome to September – Here Comes the Volatility
[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”][/video_player] Don here… I just finished our Friday session, and I’ve got to tell you…something big is shifting right under everyone’s nose. While most traders were celebrating another week of “massively unchanged” action in the S&P, I was watching something that made my skin crawl as a professional trader. The VVIX just rose from the ashes. For those who don’t know, the VVIX measures volatility in VIX options. And when professionals start hedging this heavily, they’re not just being cautious…They’re preparing for something serious. Here’s what caught my attention today: The S&P dropped 44 handles in the first 30 minutes, then went completely dead for the rest of the session. Normal Friday action, right? Wrong! Throughout the entire day, volatility hedges kept getting placed. Not just during the morning selloff. All…day…long. That’s professionals positioning for trouble while everyone else is looking