The 3 Top Ways to Trade Volatility are Gaining Big Momentum


 
 
10:22 12/06/2018

The hits just keep coming.

In late November 2018, the Dow Jones rocketed 617 points.

Days later, it fell 800 points.

Now, we’re down another 445 points to 24,582. All after Canada arrested the CFO of Chinese telecom company, Huawei. Canada's arrest, at the request of the U.S. has enraged China. Reportedly, he faces potential extradition to the U.S. China is now demanding that the U.S. "rectify wrongdoings" and free the CFO.

At the same time, oil is pulling back again after Saudi Arabia proposed a smaller than expected production cut at the OPEC meeting.

In short, it’s a mess out there.

However, as we noted the other day, it’s always best to protect against volatility. In fact, on November 21, 2018 and several times after, we suggested the following opportunities.

Velocity Shares Daily 2x VIX Short-Term ETN (TVIX), which traded at $38.88. It now trades at $51.63.

The iPath S&P 500 VIX Short-Term Futures (VXX), which traded at $34.54. It now trades at $34.54. It now trades at $39.25.

ProShares Ultra VIX Short-Term Futures (UVXY), which traded at $50.78. It now trades at $62.77.

We must also consider that volatility is getting a bit out of control.


This article has been provided by a Chasing Markets contributor. All content submitted by this author represent their personal opinions, and should be considered as such for entertainment purpose only. All opinions expressed are those of the writer, and may not necessarily represent fact, opinions, or bias of Chasing Markets.
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