Another option expiration week is upon us once again. Seems like these are coming faster and faster each month. Maybe it’s just the summer? Still, given all the fairly low volume trading over the last month or so, this week should have some moderate swings coming our way. The VIX has spiked up in recent days which helped drive up option premiums for front end trades. While we don’t think that the VIX will get as high as it did back in October and November of 2008, we still see it climbing a bit more here. Be careful out there this week traders!

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