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Trading Volatility in Volatile Markets | Benn Eifert
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In this episode of Forward Guidance Benn Eifert, Founder & CIO of QVR Advisors joins the show for a deep dive discussion on all things volatility. As markets are all down year to date, many investors have been surprised with the orderly selling and lack of increase in the VIX. Luckily we have Benn on the show to share the role of put options in this market, wether or not macro matters for volatility traders and volatility at both the single stock and index level.
We also discussed the past two years of stimulus induced retail options trading, how market structure has evolved, the best hedges for a slowly falling market and when we could expect a market bottom. To hear that, you'll have to tune in!
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Timestamps:
00:00 Introduction
00:15 Background
05:10 The Rise (And Fall?) Of Retails Options Traders
08:50 Put Options' Role In This Year's Viscous Sell-Off
13:57 The VIX
19:29 The Pricing of Tail Risk
24:32 Best Hedges For A Slowly Falling Market
28:00 Single-Stock Volatility
33:34 How Responsive Are Options Market Makers?
39:58 Credit and Treasury Volatility
48:11 Options Expiry ("OpEx")
55:35 Common Options Mistakes
1:01:00 The Macro
1:05:50 Does The VIX Have To Spike In Order For Stocks To Bottom?
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
We also discussed the past two years of stimulus induced retail options trading, how market structure has evolved, the best hedges for a slowly falling market and when we could expect a market bottom. To hear that, you'll have to tune in!
--
--
--
Timestamps:
00:00 Introduction
00:15 Background
05:10 The Rise (And Fall?) Of Retails Options Traders
08:50 Put Options' Role In This Year's Viscous Sell-Off
13:57 The VIX
19:29 The Pricing of Tail Risk
24:32 Best Hedges For A Slowly Falling Market
28:00 Single-Stock Volatility
33:34 How Responsive Are Options Market Makers?
39:58 Credit and Treasury Volatility
48:11 Options Expiry ("OpEx")
55:35 Common Options Mistakes
1:01:00 The Macro
1:05:50 Does The VIX Have To Spike In Order For Stocks To Bottom?
--
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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