I don't think we've seen the end of the volatility. Last year we had a miserable August followed by an amazing Fall, and I do believe, as I said in my other successful ^VIX coverage, we'll see a relatively sane trading season as the election machine ramps up. But I also predicted a post-Aug-opex bump well into the mid-50's before the volatility really settles. I closed out the other coverage on the previous market bounce, and am opening a new one that I hope to close early again. Hop on for the ride while everyone's all giddy that Wall St didn't get flooded this past weekend.
Only set a target for 45, because the ^VIX price has dropped so much that I don't need it to hit mid-50's to hit the same gain.