FIO - Their latest quarter suggested their software strategy is working, and it is able to distinguish them from the competition and provide some level of pricing power (which is lost via their partner-distribution). I am not going to actively trade them yet, but I will keep a close eye of FIO again.
An interesting observation, before FIO reported, was that a previous post of mine specific to FIO, saw a sizable increase in page views prior to the report. The activity made me look into FIO again, and the quarter report got me really interested.
SP500 - The VIX is at the bottom of the range of the Vix/SP500 overlay chart. In the past it signaled to protect, and so I protected. Hopefully, the scenario will facilitate moderate level of declines to allow for the entries above. (Not expecting a large decline. I would be surprised it the decline is greater than 3%.)