Is A 40 VIX On The Horizon?

<p>“We’re at that level now where you can see some explosiveness in the VIX, and you can see the volatility of VIX really increase with the market sitting right at those lows." Danny Kirsch believes the VIX still has more room to move to the upside as interesting trends have developed within the options market. He also breaks down the current options positioning for the XLF in preparation for earnings, which start this Friday. </p>