By Karim Rahemtulla Volatility, as measured by the CBOE Volatility Index (VIX), takes into account the number of puts and calls being bought and sold on S&P 500 stocks. When the market is crashing, the VIX moves higher, and when the market is soaring, the VIX moves lower.
And in The War Room, we just played a historic move on the VIX for an overnight double-digit gain.
Here’s how we did it…
In this case, War Room members bought an iPath Series B S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) put option after days of watching the market take it on the chin. All we …read more
