Options Insight: How to Play the S&P 500 Index

The video discusses the VIX, often misunderstood as a fear index, but actually an uncertainty index. It explores historical patterns, particularly in August, where VIX can be low yet volatile. The current market shows low VIX levels, but indicators suggest a potential rise. The video advises on investment strategies like buying put spreads to hedge against market drops. Key risks include falling oil prices and a stronger dollar, which could increase market volatility.

What is the significance of the VIX creeping up from the mid 80s to the low 90s?

What strategy is suggested for protecting against market downturns?