Jul 16, 2012
Volatility Views: Larry the Legend
In this episode, Mark, Don, and Mark Sebastian are joined by Larry McMillan.
Volatility Viewpoints: Larry McMillan, recent winner of The OIC's Sullivan Award, discusses how volatility derivatives have changed the landscape of vol trading. Larry waxes nostalgic on the days when there weren't puts on every stock. The virtues of upside VIX calls versus SPX puts to hedge a portfolio. Discussing the fine art of gamma scalping.