While some investors are hoping the volatility in the markets will subside, one trader is hoping for more, employing a unique strategy that is most profitable if the market continues its wild ways.
"The market is stuck in a trading range," Andrew Keene said Tuesday on CNBC's "Trading Nation." "Every time we find buyers, the sellers come in and vice versa."
Looking at a chart of the SPY, the ETF that tracks the S&P 500, Keene identified two key levels on the chart: the high-end of the range, which comes in just under $200 and the low-end of the range at $190. "I think the range will continue," said the founder of Keene on the Market.