How to capitalize on the market fear and generate some income using options

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Jeff Kilburg describes selling a put spread on the SPDR S&P 500 ETF Trust.

Volatility has returned to equity markets with investors enduring this week the second largest spike in the CBOE's VIX Index ever. I want to embrace this historic volatility and capture the extra amount of premium that has been injected into S & P 500 options.

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