Roger is targeting his 11th straight seasonality win at noon ET TODAY — join him for the trade idea!
In my latest educational video, I wanted to go over something maybe a little less educational as far as trading 101-type stuff, and focus more on an instrument that I feel is broken: the VIX Volatility Index.
This video explains why trading VIX options is likely a losing proposition due to the nature of the “fear gauge” and its options, especially in comparison to other options.
In this video, we’ll cover:
🤯 VIX options are priced with a built-in decay factor that accounts for the natural decline of the VIX even if the market moves up slightly.
🗓️ Weekly VIX futures introduce additional decay as traders are forced to roll over contracts constantly.
📈 In-the-money VIX options are often less expensive than out-of-the-money options due to this inherent decay.
📉 Trading products like VXX and UVXY, which track the VIX, are even more susceptible to this decay due to the need for frequent contract rolling.
💡 Instead of trading VIX options, the speaker recommends buying puts on indexes like the NASDAQ (SQQQ) for a more straightforward way to hedge against market risk.
The team at Lance Ippolito Trading
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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