I thought I’d spare everyone a silly sounding name like “the VIXies,” so without further ado, here are the highly subjective and not-otherwise-nicknamed VIX and More volatility awards for 2008:
- Best New Volatility Index: India VIX
- Best New Volatility Product: VIX Binary Options
- Best New Free Volatility Tool: International Securities Exchange’s Quotes/Volatility Chart and Information
- Best Previously Ignored Volatility Indicator: TED Spread
- Best New Blog with a Volatility Focus: Don Fishhback’s Market Update
- Best New Volatility Webcast: optionsMonster’s Volatility Sonar report
- Top Volatility Event: Lehman Brothers Failure
- Best New Volatility Book: The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets – Jeff Augen
- Best Volatility Trade of the Year: SPX Options Carpet Bomb on October VIX Expiration (124% and $180+ million in four trading days)
I’m sure I overlooked some other obvious awards. Feel free to add to this list in the comments section.
Thanks for your 2008 efforts to educate us all on the VIX and more. Keep up the good work!
ReplyDeleteI also have a question: is there an indicator we can use, similar to the "TED Spread", to track the spread between Treasuries and Investment-Grade Corporate Bonds? If so, on which website can we track it easily (preferably with a chart)?
Hey Anon, check out this Fed web site.
ReplyDeletehttp://www.federalreserve.gov/releases/H15/Current/
You can get the Treasury rate and you can get the Moody's rates for corporate bonds of different ratings. Note at the top of the page that they have historical data. But this is important. Note that they also have important footnotes at the bottom! That Aaa composition changed in the last bear market because of Enron.
Thanks for the tip Don.
ReplyDeleteHowever, that site does not have handy charts, like the TED Spread chart on Bloomberg for example.
Also, it shows the rates, but not the spreads, so I would have to calc spreads manually.
Anyone know of sites which show corp bond yield spreads in historical chart form? Or at least the corp bond yields in chart form?
No mention of Porsche/VW? That was a vol event and a correlation event.
ReplyDelete