But, lo and behold... the VIX is currently priced below its 5, 10 and 20 year average.
Which is why I am buying options....
Source: Yahoo Finance
Buying Options
The U.S. may or may not default on its debt (I am going with the not), may or may not be downgraded (I think it is likely within the next 12 months), and may or may not be a completely dysfunctional mess in Washington (okay, this is a definite). In times like this, I would like optionality (calls and puts) even if it were expensive.
But, lo and behold... the VIX is currently priced below its 5, 10 and 20 year average.
Which is why I am buying options....
But, lo and behold... the VIX is currently priced below its 5, 10 and 20 year average.
Which is why I am buying options....
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