Investing Journey bought call options several days ago on the CBOE Volatility Index (VIX) to hedge against a correction in the market over next 2 months. They are down about 5% now. The VIX, known as the fear gauge, measures the implied volatilities of stock options. When investors get fearful and the market goes for a tumble, those volatilities shoot upward and take the VIX with them - as well as the call options.
One way to profit from a bear market
One way to profit from a bear market
One way to profit from a bear market
Investing Journey bought call options several days ago on the CBOE Volatility Index (VIX) to hedge against a correction in the market over next 2 months. They are down about 5% now. The VIX, known as the fear gauge, measures the implied volatilities of stock options. When investors get fearful and the market goes for a tumble, those volatilities shoot upward and take the VIX with them - as well as the call options.