Day: 26 April 2011

Smart Investing Daily – Investors Beware — The VIX Options Are a Lie

Jared Levy, Editor, Smart Investing Daily Tuesday, 26 April 2011 These are strong words, I know. I wouldn’t choose them if I weren’t truly concerned, because apparently not many care about the thousands of investors who have been burnt using volatility index (VIX) options and the VXX, a VIX-based ETF product, to invest in volatility. Smart Investing Daily – Investors Beware — The VIX Options Are a Lie