The_Pain_Trade

Long VIX calls offer cheap portfolio insurance.

Long
TVC:VIX   Volatility S&P 500 Index
With the bear market rally charging ahead full steam, VIX is now back sub 20s. Sure it can go lower still but for those of you thinking this bear market rally will end sooner rather than later picking up some vix calls isn't a bad idea. They're reasonably priced and offer good insurance should equities puke.

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