With an increasing number of investors becoming more interested in options trading, Steve Sosnick, chief strategist at Interactive Brokers, joins Kevin Muir, CFA, owner and prop trader at Wintor Capital Ltd., to clear up common misunderstandings about volatility. Sosnick breaks down what historical volatility represents, why implied vol is too high, and what the VIX actually measures. He also demonstrates what successful volatility trading requires for investors who wish to trade options.