IN THIS EPISODE, YOU’LL LEARN: 01:42 - What futures and options are, and why they exist.08:19 - Tips for investors wanting to utilize options in their investment strategy.14:50 - How LEAPS can supercharge your investment returns for long-term investors.14:50 - Why collar spreads are potentially attractive to investors.27:58 - What volatility really means with some historical references.31:26 - Why passive investors are inherently short volatility.35:22 - What the VIX and VOLQ are and why they’re important.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESGet in touch with Nasdaq options: indexoptions@nasdaq.com.Learn more about volatility, the VOLQ Index and VOLQ index options here.Explore the Nasdaq-100 Index and the Nasdaq index options offering here.Test out Options Architect, a backtesting tool which allows users to test various options strategies during pivotal market moments. Related Episode: The Democratization of Finance w/ Seamus Scaring and Carlos Pelaez - MI121.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert and Clay’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Engage with the rest of the TIP community and discuss financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One. Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Combine hundreds of search filters to quickly find better leads, close more deals, and unlock your investing potential with the power of PropStream!Support our free podcast by supporting our sponsors.Connect with Kevin: Website | LinkedIn Connect with Clay: Twitter  | InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.