Option Traders, as an option mentor one of my goals is to be as modest in victory as I am in defeat.
I was in an option mentoring session yesterday working with one of my brightest students when we began looking at the SPX September-October call spread. The spread had a mid price of about 13
As a market maker and now a mentor, I have had a plenty of time to look at implied volatilities. In fact, that is basically all I do.
With the FOMC meeting, and employment over with I thought today would be a good time to examine the state of SPX volatility. Is realized volatility high or low? Where is implied volatil
We are going to start posting our morning commentaries, along with any other free content we do on YouTube. As a bonus, once every few days I will add a Mid-Day commentary to YouTube. M
One of the real misconceptions I have seen out of retail traders is volatility. Many do not realize that it actually affects every part of the Greeks. Remember, the Greeks are not real,
I am not a big proponent of VIX options under normal circumstances. I think the VXX is a far easier option to trade, as the underlying is easy to get a quote on. That said, there are so
I want to flash you traders back to the flash crash. The fund I work with was trading had entered a May OEX butterfly that had been doing reasonably well, until the first week of May.&n