In the clip above from this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough is asked how changes in Implied Volatility Premiums indicate to either “feed the ducks” or sell more aggressively.

“There are different ways to think about what the Street is on the other side of. The only way you really go big is when the other side goes the other way,” explains McCullough, as he details how to incorporate Risk Ranges into the #process.

McCullough: Use Implied Volatility to Your Advantage - risk ranges