As I stated today over at SFO magazine, when I say that the market has been flat, it’s not Déjà vu, it’s that the market has done nothing for many days in a row. It is very tempting for optio
I was working with an options mentoring student that had set up a weekly SPX butterfly that was working quite well. However, the options trader had one glaring issue.
One of the things I am constantly going over with my options mentoring students is how important the volatility surface is. They all know what a high skew is, and what a low skew is.
I have been talking about the term structure of the SPX for quite some time. Coming into the holiday season, most traders expect the front month to get have a depressed volatility.