# How Day Traders Read the VVIX 104 Level for Portfolio Hedging Page: https://stenobird.com/podcast/the-day-trading-podcast-with-fexingo-active-trading-charts-and-short-term-market-strategy-7871865/how-day-traders-read-the-vvix-104-level-for-portfolio-hedging Text version: https://stenobird.com/podcast/the-day-trading-podcast-with-fexingo-active-trading-charts-and-short-term-market-strategy-7871865/how-day-traders-read-the-vvix-104-level-for-portfolio-hedging.md Podcast: [The Day Trading Podcast with Fexingo: Active Trading, Charts, and Short-Term Market Strategy](https://stenobird.com/podcast/the-day-trading-podcast-with-fexingo-active-trading-charts-and-short-term-market-strategy-7871865) Published: 2026-07-18T20:38:32+00:00 Episode link: https://audio.fexingo.com/business/the-day-trading-podcast/episode-0119.mp3 Audio file: https://audio.fexingo.com/business/the-day-trading-podcast/episode-0119.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-day-trading-podcast-with-fexingo-active-trading-charts-and-short-term-market-strategy-7871865/episodes/how-day-traders-read-the-vvix-104-level-for-portfolio-hedging Duration seconds: 410 ## Resource In this episode of The Day Trading Podcast, Lucas and Luna break down the VVIX spike above 104 on July 18, 2026, and what it means for day traders hedging into earnings season. They discuss the divergence between the VIX at 18.77 and the VVIX at 104.87, explain why options on volatility ETFs are pricing in tail risk, and share specific strategies for using put spreads and VXX calls to protect against a market shock. The hosts also touch on the recent 'WarshGPT' Fed communication shift and how it adds uncertainty. Tune in for practical hedging tactics tied to current market data. #VVIX #VIX #Volatility #Hedging #EarningsSeason #DayTrading #Options #SP500 #Fed #WarshGPT #PortfolioProtection #PutSpreads #VXX #MarketData #Finance #Investing #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-day-trading-podcast-with-fexingo-active-trading-charts-and-short-term-market-strategy-7871865/episodes/how-day-traders-read-the-vvix-104-level-for-portfolio-hedging/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-day-trading-podcast-with-fexingo-active-trading-charts-and-short-term-market-strategy-7871865/how-day-traders-read-the-vvix-104-level-for-portfolio-hedging.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.