Figuring out what people give a shit about on any given day is more an
Category: volatility
Trader Warns: “The Post-Election Implied Volatility Selling Is A Mistake”
“Well today’s get rich quick scheme didn’t work out so great”…
A “Useful Maxim” Before “It All Goes Horribly Wrong”
Hedging is so last … ummm… decade?
“Mark It Zero!” Goldman’s Top 10 Options Trades To Capitalize On Low Vol
“Smokey, this is not the pre-crisis world, there are rules, mark it zero.”
Here’s The “Not Unthinkable” Nightmare Scenario For Short VIX Strats
“Investors need to consider what can happen in severe scenarios”…
“Buyer Beware”: Trading VIX ETPs? You Probably Have No Idea What You’re Doing
“Popular, but often misunderstood”…
As Vol “Re-Enters The Doldrums,” Goldman Weighs In
“Around major political events over the past year implied vol has usually spiked close to the event given late positioning, as being long vol has been a negative carry trade. In the week after these events vol has fallen materially as the events have turned out to be less negative for markets than feared.”
Gesundheit! The VIX Is Sneezing, Will Emerging Markets “Catch Cold?”
“What is clearer is that, as investors continue to wait for the global economy to ‘show me the activity’, they have become increasingly nervous about the prospect of a large, sharp S&P drawdown.”
Trader: “The Word Of The Month Is Going To Be ‘Frazzled'”
” The problem is, market pricing notwithstanding, nerves remain frayed. And markets may find that short-term volatility, in both directions, remains higher than is comfortable for most people.”
Volatility, A “Tipping Point,” And The Disappearing “QE-Put”
“Why are vols and spreads staying relatively low, despite the rise in policy uncertainty and populism?”
“Winter’s Over, But Volatility Is Still In Hibernation”: One Bank Answers Your VIX Questions
“Lowest vol Q1 since 1965. There are many stats we can point to about how low volatility has been year-to-date, and most tell the same story: we’re again approaching some of the pre-financial crisis lows in implied and realized vol.”
Jesus, Will Someone Wake Up The VIX? It’s Passed Out Drunk
“S&P 500 calendar quarter realized volatility was 6.69, the 4th lowest Q1 since 1929 and lowest Q1 since 1965. S&P 500 realized volatility over the first quarter of 2017 ranked in the fourth percentile across all quarters back to 1929.”
Goldman: Q1 “Was A Quarter To Own Risk” – Here’s What Comes Next
“Which of these divergences will hold going forward?”
“Why Is The VIX So Low?” A Macro Strategist’s 4-Word Answer
“Until we see a deterioration in credit quality across the broad economy, we can probably put one burning question to bed. Why is the VIX so low? Because it should be.”
Volatility Collapses (Again) As Investors Cling To Goldilocks Outlook On Brexit Wednesday
It’s quiet out there. Well, except for that whole UK officially leaving the EU thing.
Buy-The-Dip In Danger From “Politicians Who Want To Change The Liberal Order”
“Just as the Federal Reserve is finally taking the plunge, and as a new wave of politicians in the US and Europe look bent on redefining anything from haircuts and dress codes to the pillars of the Western liberal order, any talk of ‘mean reversion’ seems a bit out of sync.”
Why Is Volatility So Low? Out With The “Old,” In With The “New”
“The Fed has moved to the other side of the volatility equation. It is now more likely that the Fed will contribute to higher volatility if the market deems financial conditions to have become too tight.”
Deutsche Bank Clients: If Le Pen Wins French Election, European Stocks Will Plunge
There are very few ‘Very Positive’ views for any outcome.
“Quick, Buy That (Macro) Dip!”
Earlier today, we noted that the correlation between implied vol and equities is breaking down
Another Market Anomaly Emerges
More than a few (hundred) commentators have taken a stab at explaining why volatility has
“There’s No Point Denying The Reality We Live In”
On Monday in “There Are Plenty Of Investors Who Would Celebrate An 8% Drop,” I
Beware The German “Hump”
I’ve talked tirelessly (well, I haven’t gotten tired of it, maybe you have) about the
Lunatic Le Pen “Cannot Possibly” Win – But Don’t Tell VSTOXX Futures
In other words, the market is trying to learn from its mistakes. We were caught off guard by the Brexit vote and Trump’s victory, so now, we’re seeing relatively large moves as traders’ collective desire to avoid the pitfalls of underestimating the probability of a tail event is manifest in the amplification of tiny blips in poll numbers.
Chart Check: Brexit Versus Le Pen
Is Le Pen “mightier” than … err… Le Brexit?
“A Glaring Error Of Omission”
VaR shocks. Taper tantrums. I talk about such things a lot. And with good
“JP Merlin” Returns: Quant Wizard Kolanovic Weighs In On Volatility, Geopolitics, And The Fed
He doesn’t have a long, white beard. He doesn’t wear a robe or a pointy
“Has The Whole World Gone Crazy?!”
“Has the whole world gone crazy?! Am I the only one around here who gives a sh*t about the rules?!”
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