Father of the VIX Issues Warning on Volatility ETFs
June 06, 2014 at 14:22 PM EDT
As the broader market reaches new highs, the CBOE Volatility Index, or “VIX,” is dipping toward a seven-year low. While investors can utilize VIX-related exchange traded funds to hedge market swings, the so-called father of the VIX warns that traders need to understand how they work....