All Entries Tagged With: "$BAC"
Implied Correlation: Enough Open Interest to Measure?
Thanks to Adam Warner at the Daily Options Report for linking to my article on CBOE’s implied correlation data – and my own “weighted” average of this data. The implied correlation indices measure the correlation between the implied volatility of long-term S&P 500 index options and the implied volatilities of long-term options for the top [...]
When Weak Volume & Sentiment Meet The Dog Days (BAC, CSCO, INTC, CVS, MHS, RIMM, SCHW, YHOO)
Yes these are the dog days of summer and yes this is the week before Labor Day, one of the two slowest weeks of the year for investing. There is a simple and fair question regardless of its whining and rhetorical nature. When investors see losses on light trading volume, are the losses any less [...]
Beta: Think Correlation, Not Volatility
Investopedia defines beta as a “measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.” In theory, the higher the beta, the riskier the stock, but what if you don’t want to measure the risk of a stock against “the market as a whole”? [...]
July’s Most Actively Traded US Stocks
At Seeking Alpha, Wall St. Cheat Sheet’s Damien Hoffman posted an interesting article and chart on the most liquid stocks trading on U.S. exchanges (not counting ETFs). Citing a research study from Abel/Noser, Hoffman notes that just six stocks accounted for 10% of activity in July. About 4.24% of all market activity was represented by [...]
The New CBOE Weekly Options: Expiration Week Every Week
When you look at options chains for a few selected stocks and ETFs, you’ll notice something new. If you see a “W,” note that these are “weekly options” that expire the very next week. That’s because the Chicago Board Options Exchange (CBOE) is adding these so-called “weeklys” to some additional stocks and ETFs. According to [...]
