The VIX is roughly at the lowest price it has been since before the pandemic.
The ETF VXX though tied to the VIX is not a direct bet on the VIX but 30 weighted VIX futures. Because volatility is so low at this moment in my fund money account aka Robinhood I am placing a VXX put credit spread. If volatility continues to drop there the rest of my larger portfolio will be very pleased. This short credit spread is designed to make some money as long as volatility doesn’t drop dramatically in the next week.
Disclaimer
This is not investment advice. This website is designed to talk about investments but it is not designed to give you personalized investment advice. This site is generic and should not be used as the basis for any investment decisions. This is for entertainment and educational purposes only.
The owner of PatienceToInvest.com is also a trade leader on Collective2.com. We may receive compensation by promoting some collective2 strategies over others.
Investing is risky and can result in the loss of all your capital and even more than your original capital in some cases.
How I Invest 