Hedging using the VIX

It's my opinion that the markets are acting irrationally and have regained losses very quickly when both the fundamentals and technical analysis show a more bearish view. The VIX has an inverse relationship with SPY as well as other markets. Currently at 40, but reached 80 near the end of March (24th,25th,26th). There is likely a recession coming for many economies, with South Korea already experiencing one. Stop at 35 but a good risk/reward ratio.

This is just my opinion and does not count as investment advice.