With volatility over 30, options prices are rich. (I'd like Ernst to chime in here).

In any case, an easy hedge in these conditions is to sell premium against robotic holdings.

Using this calcuation:

[k/(S1-C)-1](100%) (please let me know if this equation is not accurately transcribed)

K=strike price
C=call price
S1= beginning stock price



I find that I can sell premium for 10% gains going into Friday!