4min chapter

Forward Guidance cover image

Summer Meltdown In Stocks Unlikely, Says Volatility Expert Noel Smith

Forward Guidance

CHAPTER

Why Are You Orkeen to Short Equity Volatility?

If something is high, why wouldn't you sell it? And if something is low, why would you buy it? That's a deceptively good question. Almost all of my trades have a qualifiable justification for them. Do i think that bonval is probably a sale from here? I kind of do. But why? Show me the data. Why do i want to sell this seno strangle or these straddles, or whatever else? And give me a mathematicaljust ation for your judgment. Noll: The problem in the bon market is very difficult to trade right now because the idea that its high and therefore should be sold isn't true.

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