Quick note before we get into this week’s Jam Session:
Yes, volatility mean-reverts. But don’t get caught assuming that just because $VIX is printing multi-month lows, it must spike soon. That kind of thinking can get you chopped up....
This is the kind of market where long shots pay off.And for today's trade, JC's got a price target north $80 per share for this stock. It's currently trading at $21, and the $25 calls with over a year until expiration are trading around $...
