So I'm watching the Mets game last night and it looks visually....awful. I mean the Stadium looks great, but seats on the lower level near home are virtually empty. At $700 a pop, apparently "real" fans would rather eat the tix than sell under parity or something. Seats beyond that looked ... Read more

What is it with these Somali Pirates? Anyway, CXO with a look at the general disparity between implied and realized volatility. Why does the volatility of the stock market as implied by the prices of equity index options generally exceed actual (realized) volatility, thereby indicating ... R ... Read more

OK, if you are of the opinion that a VIX in the 40's shows no fear, or not enough fear, please remember that the VIX is not the sole arbiter on this subject. SKF and FAZ price action itself is one other thing to look at, as are options on FAZ and SKF. And both are smoking. With 11+ trading ... Read more