Unprecedented VOL suppression will lead to VIX October explosion

Wait 5 sec.

Unprecedented VOL suppression will lead to VIX October explosionCBOE Volatility IndexCBOE:VIXCryptoTaoistAccording to my discussions with ChatGPT and analyzing various metrics we are currently in one of the longest periods, if not *the longest* period, of Vol suppression in the entire history of volatility. Zooming out and looking at the current chart pattern VIX is very clearly in a falling wedge, which means its falling days are numbered. Once you see a daily close breach of the upper boundary of the upper wedge channel, I would consider buying some VIX 30 calls for Oct 22 expiration. Once VIX pierces 25, take profit and close the option. Good luck and happy trading!