How To Trade This VIX For Profits

VIX MARKET ANALYSIS

Currently the VIX is below $25. Usually this means trades like Gamma Scalping become optimal. If you feel the VIX is going to go up then use Put Debit Spreads. However if you believe the VIX will stay this low and continue to go lower then traders will want to utilize Call Debit Spreads. Aggressive traders could look to use Victory spreads to anticipate a move higher in VIX.

THE MOA OPTION PICK FOR TODAY IS SYMC

SYMC has been throwing off an MOA Option alert that a big move could be coming, with realized vol being greater than implied vol right now. The best option play currently is to build a straddle considering that volatility is low. Traders will find an at the money $22.00 Call and $22.00 Put on SYMC with an expiry date of 09/13/2019 and unwind the trade when either our upper or lower targets are hit near $25.00 and $19.00, respectively. Symantec Corporation is a United States-based cyber security company.