Volatility & Hedging Strategies
Trading movement itself, and protecting a portfolio against the worst days.
Lessons
- Long Straddle & StrangleBetting on a big move in either direction — perfect around earnings, brutal if nothing happens.
- Ratio Spreads & BackspreadsUneven leg counts that lean on volatility and direction together — for advanced views.
- The CollarFinance your downside insurance by selling away some upside — near-free portfolio protection.
- Hedging a Portfolio with Index OptionsBuying index puts as a cheap seatbelt for a whole portfolio in a crash.
- Tail-Risk HedgingCheap, far-out protection that pays off only in disasters — insurance you hope to waste.