Trading Options in Mergers and Buyouts
Long options strategies haven’t produced attractive win rates historically, but in merger or buyout situations, such positions can produce significant profits.
Trading Options in Mergers and Buyouts
Volatility Risk: It’s All About the Vega
When implied volatility moves up and down a lot, as it has been in recent months, many traders and investors become more attuned to their portfolio’s exposure to vega. For those seeking to reduce their exposure to vega, a couple easy choices include closing open positions with high vega, or reducing them, as well as … Continued
An Earnings Recession?
Earnings season for the second quarter of 2019 is more than halfway complete, and while the results so far haven’t been terrible, they haven’t exactly been rosy, either. Through July 31, roughly 298 of the 500 companies represented in the S&P 500 had reported earnings. And of those reporting, the blended earnings-per-share (EPS) estimate showed … Continued