This week, I’ve seen a few mentions that volatility is low. The implication is that investors are complacent. This contradicts with my general bearish views given the potential economic pitfalls. Betting on increased panic, or volatility can be accomplished by trading VXX. Today, I purchased 65 shares of VXX at $21.12.
Here is a historical view of how the CBOE volatility index has contrasted to the S&P500.
(image from MarketWatch)
