Trade Alert: Buy this $1 Call Spread to Ride the Next Wave of Volatility
This bear market rally has taken all of us for a ride. The S&P 500 is now up 11% since mid-July and I am seeing some investors relax a bit – maybe a little too much. Especially now that the CBOE Volatility Index (^VIX), a unique measure of market volatility, is plumbing a 20 handle (its 20-year average).
^VIX’s value fluctuates with volatility – rising and volatility rises, and so on.
Seeing it fall below its 20-year average may be encouraging some to bring money back into the stock market, but what I am seeing is a different opportunity all together.
Because I don’t think the ^VIX will stay this low for much longer.
Watch today’s video to learn more or click here to see today’s trade instructions.