theoptionsinsider.com — It was designed to be a product for a sophisticated clientele. Hedge fund managers, professional traders, that sort of thing. However, a surprising (some might say alarming) percentage of VIX traders are actually mom & pop retail customers like you and me. That is definitely a recipe for disaster...
Feb 27, 2008 View in Crawl 4
smonchFeb 27, 2008Submitter
I wasn't aware that so many "average joes" were trading the VIX. As the Schwab guy says in the article, that is definitely alarming!