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Dear Fellow Trader:

We saw something very rare in the markets today.

The UVIX (a leveraged ETF that tracks volatility) jumped more than 34% today.

It also set up one of my favorite trades to deploy in this high-volatility environment.

See that blue line? The one toward the bottom half of this chart?

TradingView

That's the one-minute Volume-Weighted Average Price (VWAP).

See what can happen when it breaks above that line?

At 10:30, the UVIX surged above this line after some chop… and turned every $60 in shares purchased into over $100 by the end of the day.

This is a pure day-trading tool… You'll only want to buy and trade for just a few hours at most.

But as you can see… when it hits… it hits.

And the best thing is that you can just sell it if it falls back to that blue line.

The concept of volatility can be tricky… but I assure you that if you manage your risk and set up a trade like this, you can make your year in a day.

Best of all, when volatility falls… there's the SVIX (an inverse volatility ETF) or the SVXY, which—once again—requires us to trade it when it's above this one-minute price line.

Rinse repeat. This is intraday momentum at its finest.

Best of all… You can use this with any stock, but with earnings season kicking in, this can be a very good tool for you to play reversals and breakouts over the next 45 days.

Tomorrow, I'll cover this trade and others in our FREE morning show - TheoLive: Market Masters.

Volatility doesn't have to be scary. And once again, this is all about taking what the market gives you in this environment and scalping profits off the top. Sometimes, those gains, like today, can be massive.

I'll see you tomorrow morning. You don't want to miss this.

Stay positive,

Garrett Baldwin