Retail investors are trading VIX-linked ETFs amid market volatility, with caution advised
From Quiver Quant: 2024-10-17 04:14:20
Retail traders are turning to ETFs linked to the VIX as market volatility surges due to geopolitical tensions and upcoming events such as the U.S. election and Fed rate cuts. Popular products like UVXY and SVOL are seeing increased trading volumes, but caution is advised due to high risk and fees. VIX-linked products offer potential for high returns on volatile days, but UVXY and UVIX are down 30% and 60% for the year. Traders are advised to closely monitor events and use tools like ChatGPT for informed decisions in the highly volatile market driven by global uncertainties.
Read more at Quiver Quant: How Retail Investors Are Profiting from Market Chaos