VIX over 80

Yikes.

Wow

Unreal.

So S&P expected to move up or down 23.09% over the next 30 day period . . .

meh…

Well are people buying more puts or calls? There’s one small indicator.

projectplatnyc Wrote: ------------------------------------------------------- > So S&P expected to move up or down 23.09% over the > next 30 day period . . . Is there an easy way to calculate or approximate this given the VIX number? Thanks.

Dwight Wrote: ------------------------------------------------------- > projectplatnyc Wrote: > -------------------------------------------------- > ----- > > So S&P expected to move up or down 23.09% over > the > > next 30 day period . . . > > > Is there an easy way to calculate or approximate > this given the VIX number? > > Thanks. 80/(square root of 12)

Dwight Wrote: ------------------------------------------------------- > projectplatnyc Wrote: > -------------------------------------------------- > ----- > > So S&P expected to move up or down 23.09% over > the > > next 30 day period . . . > > > Is there an easy way to calculate or approximate > this given the VIX number? > > Thanks. well VIx is just annualized vol. so 80 = X*(12^.5), where X is monthly SD. however it’s a close estimate b/c of S&P Dividend Yield and RFR.

He just took the 80% Annual Volatility and divided it by the Square root of 12 to get the monthly volatility of 23.09%.

WOW All three of us answered it within seconds of each other! EARTH, WIND, FIRE…

Larry, Curly, Mo

JoeyDVivre Wrote: ------------------------------------------------------- > Larry, Curly, Mo I’m CURLY!!!

I’ll be Larry…