If you are anything like me, the overwhelming feeling you have at this point about the election is the kind of fear that leaves an empty feeling in the pit of your stomach. We are afraid of losing money due to market volatility and maybe even a collapse once the election is over.
Russell Rhoads, CFA, renowned options strategist, educator and consultant, and author of Trading VIX Derivatives, recently joined The Option Block podcast on The Options Insider Radio Network to discuss volatility, options and futures trading.
In Know Your Options, I tend to mention Implied Volatility quite often. I’m sure most readers already understand the general idea that options with high IVs are expensive and options with low IVs are cheap.