This Russell 2000 ETF (IWM) is hitting near term lows today, and our newly acquired puts are up 40% and rising. IWM - 120 Minute The second most important chart is VIX. Note in the highlighted ellipse how it was unable to break out above 20 last time: VIX 2 hr When and if it does, expect a 50% spike, minimum, up to 30 and beyond. We will be acquiring calls on a clear breakout above 20, but it must break above and stay above 20 or it's a no go.
