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Buying Fear: How to Own Volatility

Do unemployment and the stalling rally have you running scared? Don't hide under a rock. Buy into the fear.

Brian Stutland of Stutland Equities says he expects volatility levels to fall heading into December. Pay particular attention to the VIX, often referred to as the fear guage, he says.

Watch the video below to find out where Stutland says to buy the VIX.


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Trader disclosure: On November 6th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders;
Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT),(NUE),

Adami Owned (INTC) On 10/15/09


Najarian Owns (AA) Call Spread, (BX) Calls, (GE) Calls, (JWN) Calls, (RIMM) Call Spread, (UUP) Calls, (YHOO), (YHOO) Puts

Finerman's Firm Is Short (IJR), (IWM), (MDY), (SPY), (USO), (UNG),
Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spreads;
Finerman Owns (BAC) Preferred, (BAC);
Finerman's Firm Is Short (KFT);
Finerman's Firm Owns (M), (MSFT), (TGT);
Finerman's Firm Is Short (USO), Finerman's Firm Owns (WMT)


For Jeff Lindsay
Accounts Over Which Bernstein And/Or Affiliates Exercise Investment Discretion Own 1% Or More Of (AMZN)
Bernstein Is A Market Maker In (AMZN)

For Steve Cortes

Cortes Is Short (XRT), Owns S&P Futures
***CORTES HAS DISCLOSED FOR: WMT, XRT, SPY, MANPOWER

For Brian Stutland

***BRIAN STUTLAND HAS NOT PROVIDED DISCLOSURES