Options Insight: How to Trade the Powershares ETF

The video discusses the recent rise in the VIX over eight consecutive sessions, highlighting the impact of election outcomes on market volatility and selling trends. It explores potential market scenarios post-election, particularly a Hillary Clinton victory and its implications for stocks. The discussion includes trading strategies, focusing on selling out-of-the-money call spreads on QQQ, and the potential for value stocks to outperform growth stocks. The video also examines the biotech sector's potential performance if Hillary Clinton wins, with a focus on companies like Amgen.

What is the significance of the VIX mentioned in the text?

Which sectors or stocks does the speaker believe might perform better in the current environment?