In the past 100 days, the stock market has advanced about 22%. This return is so extraordinary that many investors would be satisfied with that gain over an entire year. This rally has many investors wondering how to hedge portfolios, and evaluate risk, at a time when questions are mounting as to if this rally is as good as it gets. Steven M. Sears, StratiFi Technologies’ Chief Investment Officer, shared his views on the Cboe Volatility Index, or VIX, and portfolio hedging, during an interview with TD Ameritrade’s Oliver Renick.