Trading Volatility at the Extremes
Back during those halcyon days of early and mid-2008, when all anyone wanted to talk about was VIX spikes, the indispensible counter-argument from some of us in the financial blogosphere was that arbitrary absolute VIX numbers are basically meaningless, and that relative context is the thing when it comes to analyzing volatility. Now that the low-volume summer blahs are (probably) over, maybe we’ll see some genuine premium hitting the options boards for the rest of the year, rather…
Thursday, September 4, 2008
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