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Binary Options - Trading the VIX Breakout

|Includes: Goldman Sachs Group Inc. (GS)

Did everyone get in on the binary options trade of the VIX / S&P inverse relationship?  Man what a breakout day today!

It's been a long day listening to all the Goldman Sachs testimony but the market largely seems to have ignored it, giving GS Stock a boost.  On the other hand Greek debt contagion seems to be what is moving the market sharply downward.

If you are on the short side / bearish stance then today was a good day after waiting for the market to figure out what the world looks like without the rose colored glasses.

Disclosure: No positions net