LowVIXindicatesmarketcomplacency,whichsomewhatreflectsthefactthatmostmarketparticipantshavelittlefearaboutthepotentialrisks...
Underthiscondition,theoptionpremiumsarerelativelylowaswell...Therefore,iftheoptionswriterstrytocollecttoohighofapremiums(meaningtooclosetothemarket),theprobabilityofgettingburnedshutswayup...
Inconclusion,beverywaryandverycarefulduringlowVIX's,becausethemarketscoul...[阅读全文]
博文
(2007-02-06 21:48:09)
