I take these articles with a grain of salt but still interesting reading to know what’s out there…
I like to read those articles as well- especially if there is some real money involved. However, I don't consider $30K serious money. And, as the article implies, it doesn't necessarily mean the VIX has to explode for those traders to make money- any hit to the VIX is profitable.
This reminds me of the constant argument my wife and I would have regarding our retirement investments.I was always investing and she would counter with "what happens if the market crashes?"
I would always calmly reply; " Look babe, if the market crashes, it WON'T matter how we invested. EVERYONE will lose. We would've been better off buying tobacco, alcohol, and ammunition."
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