While the big news around Option Pit Mentoring is the VIX closing below 12 again, SPX is not the only major product with IV in the toilet. GLD IV is getting crazy cheap. The GVZ is trading at 6 months lows and near all time lows.

Livevol (R) www.livevol.com
If we look at actual GLD vol over the last 10 and 20 days, it actually looks somewhat fairly priced.

Livevol (R) www.livevol.com
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