Advisor Option: Volatility
Options 101: Volatility
--What is Vega?
--Implied vs. realized volatility.
--What is the impact of low vs. high volatility environment on options trading?
--Correlation and becoming fully diversified by adding a volatility component to your portfolio.
--How do you get volatility exposure?
--What is an overlay strategy, and how do you construct one?
Misconceptions of the VIX:
--Quoting the VIX cash, which is the same as not VIX futures.
--The current pervasive attitude that the VIX is low.
--Believing it is a fantastic inverse correlation portfolio hedging tool, instead of buying a more direct portfolio hedge.
The Buzz: Potential new taxes that might be on the horizon for traders. Swan Wealth Advisors is in discussions with TD Ameritrade to start monthly options seminars.