very bullish the VVVs and ZZZs since there is such a strong seasonality for them to show weakness. Traders have already beat them down to a very low level so this may be like 2009 when the index actually gains between now and the VVVs expiry.

Rather than take a position in the VVVs, I will be content to try scalping them using the trend line reversal technique. Sometimes it works and sometimes it doesn't .

Best wishes,

dhm