Joe Tigay Says Be Long Volatility When Trading SPY

Joe Tigay gives his morning trade on SPDR S&P Trust ETF (SPY) with a Mar. 388 straddle for $18.75. He notes there is stimulus pressure and the market seemingly just wants to go higher. Tigay also says right now, be long volatility as the VIX is on the low-end of its range.

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11 Feb 2021

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Joe Tigay Says Be Long Volatility When Trading SPY

Joe Tigay gives his morning trade on SPDR S&P Trust ETF (SPY) with a Mar. 388 straddle for $18.75. He notes there is stimulus pressure and the market seemingly just wants to go higher. Tigay also says right now, be long volatility as the VIX is on the low-end of its range.

Morning Trade Live

11 Feb 2021

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US