When VIX has dropped more than 30 percent in five days

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In nine previous periods where the index has dropped more than 30 percent in five days, the average market return has been minus-1.51 percent, according to Bespoke Investment Group
Over the following month, the S&P 500 loses 0.27 percent and is flat on average over the next three months but with a median loss of 2 percent.
"Based on these prior periods, when option traders perceive there to be less risk in the market and let down their guard, investors should raise theirs," Bespoke CEO Paul Hickey said.


http://finance.yahoo.com/news/wh ... A3NlY3Rpb25z;_ylv=3

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