They tell me “volatility got crushed.” 

If not for all the commentary surrounding the historic rise and fall in the VIX, I wouldn’t have known about it.

The volatility index is simply not a part of my daily chart review. It’s not that important to me.

With the launch of our new breakout multiplier service, I’m finding this comes as a surprise to people.

The strategy is basically to get long calls or puts and bet on big directional moves.

What this means is that we will ALWAYS BE LONG VOLATILITY. 

Even when the VIX spikes to its highest level in years. We are buyers of volatility and the way I see it, we are simply price-takers.

If vol is high, well maybe there is a good reason for it.

As market technicians, we know the market is not efficient, but we also don’t second guess the way it prices things.

My mentor Brian Shannon taught me that “only price pays.” There is nothing more true in the market.