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The lure of a quick buck keeps drawing small investors to risky, esoteric Wall Street bets

The stock market's recent run of serenity may have fooled investors into thinking the waters would stay calm forever. The market has been unaffected, so far, by turmoil in Washington. For instance, the average volatility rate for 2017 was lower than every single trading day from Dec. 22, 1995, to June 20, 2005. The VIX finished below a rating of 10 — super quiet! — on only nine days before May 2017 and 68 days since.

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