Research

Press

The Popularity and Potential Pitfalls of Weekly Options

Global Capital featured our letter in a recent publication that was distributed to attendees of the CBOE Risk Management Conference.

Options on Futures: A Market Primed For Further Expansion

TABB Group expects that futures options activity will continue to grow strongly as financial market participants increasingly use these products as part of their investment and hedging strategies.

Futures Options Markets: Ready, Set, Grow

Futures options trading has expanded significantly in recent years as a number of forces have merged to create an enticing proposition for investors.

Calmest Markets in 12 Years as Fed Boosts Confidence: Options

Implied volatility across 29 asset classes has reached a 12-year low.   What does it mean for markets in the face of shifting tides at the Fed?

The One Rule that Explains Trading Success

Discipline is the key one-word explanation for success in almost any field.

TRADING ERRORS: The Case for Adjusting...Not Busting

Simply canceling an options trade is far more dangerous in the options market than in stock or futures markets.

Do you want to be "the house"?

"While the edge is slightly tipped in the house's favor, there is significant volatility that comes with it."

VIX & Vol of Vol Trends

Derivatives Intelligence

Traders Magazine: Seeking Alpha

"New York hedge fund creates value trading index options."

Absolute Return: Investable indices are distorting commodities and futures

"The pricing of commodity and futures markets is no longer in keeping with historical patterns.   Volatility futures and commodity futures have similar themes."

Derivatives Week: Learning Curve

"Investor are always on the hunt for convex payoffs, wanting optionality for little or no cost.   How much should investors pay for positive convexity and how much should they receive for negative convexity."

Watching the Tail (Risk) Wag

"A simple way to investigate the tail is to take the 115 or so years of US stock market data and build a histogram of 3-month returns rolling daily in 10-year windows. This video will show you this analysis in action."

Why The Listed Options Market Does Not Need The Volcker Rule

"Dodd-Frank will likely put additional constraints on banks but it should be careful not to infringe on activities that are working well, particularly those in the equity derivatives markets"