Volatility Is Skyrocketing: What the VIX Is and How to Trade it

Posted On February 27, 2020 2:36 pm
By: Steve Smith

The CBOE Volatility Index (VIX) is often referred to as the “fear gauge” as it tends to rise as uncertainty and concern enter the market. It has definitely earned that moniker this past week.

As stocks have suffered one of the worst sell-offs since the financial crisis we have seen the VIX jump more than 180% and it now stands at the highest level since December 2018 when the market also went into a tailspin.

While the VIX is a… Continue reading at StockNews.com

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About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.