Stocks have fallen back to the lowest levels in the past year. Investors are torn as to whether this is once again the lows or if stocks may indeed head lower before rebounding. The VIX is nearing recent highs reflecting this uncertainty.
But rather than wait and see whether this is a buying opportunity, astute investors may want to consider taking advantage of the current conditions of cheaper stock prices and higher VIX to put on a lower risk covered call trade. Remember that VIX is simply a way to say the price of options.
