Jan 28, 2013
Volatility Views 78: Making
Money in Spite of Yourself
Volatility Review: Apple set
fire to their earnings estimates, and then plunged to murky depths.
NASDAQ vol. Implied vols, as measured by VIX, are currently at the
same level as 21-day realized S&P vol, but are still overpriced
with respect to shorter, 10-day realized.
Listener Mail: Don, Mark, and
Mark dive into the listener mailbag.
question from Neil Ducat: I like the discussion of commodity
volatility on your recent episodes. Are there any plans to include
a regular commodity vol update in your Vol Review segment?
question from Tim S.: The commodity discussion on your recent
episode was illuminating. I would like to ask your opinion on this:
Given the success of commodity options and futures, why haven't
commodity volatility products (like gold VIX, etc.) really taken
off and captured the imagination of the investing public?
question from Mr. Auto: With Apple and other recent names blowing
through their straddles post-earnings, would Don concede that there
are indeed times when it is appropriate to buy volatility?
from Alfonso Strolli, Florence, Italy: Ciao Vol Views crew! I find
your program very informative. Mark Longo is indeed the voice of
options, and certainly the best in the world at what he does. Don
provides the perspective of a veteran of many volatility battles,
and Mark Sebastian is nothing but entertaining. Thank you for this
great and unique program. Keep up the good work!
question from Tim42: Has Don ever bought an underlying, or does he
sell those too?
question from Ed: I am very interested in SPX and SPX volatility
(aka VIX). I understand Mark Longo is a former SPX market maker,
what are his impressions of the current trading range of SPX vol
vs. his time in the pit? Does it perform differently now than it
did then? Also, if possible, could he share his favorite trading
story from his SPX days? Thank you very much.
The Crystal Ball: Gold and
silver catching eyes of those looking for volatility.
Email question from Donald Simmons: With
volatility trending lower and no relief in sight, what do the hosts
think of interesting strategies for a time of stagnant