CBOE Indexes of Volatility, Correlation, and Skew
CBOE Implied Correlation, Volatility of Volatility, and Skew are measures incorporating option market information and expectations about the S&P500 volatility in the near future.
Options Trading Strategies and Hedging
Options trading is based on some rational motivation generally involving an edge or the need for hedge. An edge is what determines a trade positive expected value; usually, it is some kind of correct and not widely available information. Instead, a hedge is a trade offsetting an existing risk of another investment. Finally, trading should…
