Options Insight: How to Play Clorox

The video discusses market volatility, focusing on the VIX and Vivix indices. It highlights the potential impact of Federal Reserve rate changes on the market. The speaker suggests Clorox as a defensive investment due to its stable earnings and dividend potential. Additionally, a strategy for buying in-the-money call options is explained, emphasizing participation in market movements while maintaining a defensive stance.

Why is Clorox considered a defensive trade in the current market environment?

What strategy is suggested for participating in the market movement with Clorox, and what are the associated risks?