Playing the Volatility Index (VIX) – also known as “The Fear Gauge” – is what’s known as a Widowmaker Trade, along with other risky assets like natural gas (which I also happen to be long). Widowmaker Trades are so-called because they move so fast in both directions that they can destroy traders from both camps, bulls and bears.
So, why do I have a long VIX play?
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