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Keeping Your Options Open (Before You Close Them)

IBKR Podcasts

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Why Isn't the VIX Higher in the Bear Market?

When the VIX goes up, it means option prices become expensive. Warren Buffett often has referred to cash on the sidelines as a call option. When volatility is coming down, it means everything's inexpensive. But if you're trying to buy some protection or else just play a directional move, you're not going to get the bang for your buck.

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