Re:S&P 500 triggers 15-minute trading halt for the second ti...
by pheug on Thursday March 12, 2020 @02:03PM
(#22559764)
The bulk of that profit came from volatility spike, rather than simple directional price difference between strike and underlying ("delta").
VIX (https://finance.yahoo.com/quote/%5EVIX) was at 14-15 just a month ago and now at 65 - one of the highest ever! What a time to be alive after years of suppressed volatility!
Both calls and puts increase in value when volatility increases.
VIX (https://finance.yahoo.com/quote/%5EVIX) was at 14-15 just a month ago and now at 65 - one of the highest ever! What a time to be alive after years of suppressed volatility!
Both calls and puts increase in value when volatility increases.