Sunday, November 6, 2016

current market state is filled with fear

The current market state is filled with fear. The VIX index is at 22.5, a high value. One way to take advantage of this is to buy long term put option on VXX. After the election as the fear subsides VXX should fall. Again there are no guarantees. For any trade including this one you should have an exit plan if the trade does not work in your favor.

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