Options guru, Larry McMillan, looks at the basics of VIX futures and option trading, including how to properly price the options and compute deltas. In this video, he discusses the even more popular volatility ETNs and ETFs. The first such product (VXX) began trading in 2009 and more have proliferated since then. More popular ones today include XIV (reverse VXX) and TVIX (double VXX), as well as a host of others. With this video, Larry will help you:

• Analyze the major volatility products and will give you insight as to what they can and cannot do, in terms of volatility protection.
• Show you how the Volatility ETNs can affect the VIX futures markets -- facts that might not be obvious to the casual trader, but which are actually very important to pricing behavior.
• Teach how to maximize your trading by utilizing volatility.