By Lawrence G. McMillan
Volatility is one of the most misunderstood — and most powerful — forces in the options market. In this webinar, we go far beyond the basic definition of $VIX and examine how volatility derivatives actually behave in real market conditions. From understanding the mechanics of $VIX futures and term structure, to implementing “The Big (Volatility) Short,” to using $VIX/SPY hedged spreads during extreme discounts, this session focuses on practical strategy. If you trade options, manage portfolio risk, or use volatility products like VXX, SVXY, or $VIX options, understanding how these instruments are constructed — and when they diverge — is essential.
The full webinar video is available above for paid subscribers of The Option Strategist Substack and for purchasers of the 14 Seminar Home Study Course (watch here).
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