So much year in review. What worked? What didn’t? What to expect in 2015?
Click here to access Options Bootcamp 52: Looking Back at 2014 and Ahead to 2015
Basic Training: 2014 Year-in-Review/2015 Preview
- What option strategies worked in 2014: put credit spreads, IV overpriced throughout the year, ?Wheel of fun.?
- Things to learn from 2014 – Do not get married to a single strategy.
- Misperceptions of 2014 – VOL/VIX was cheap. Despite ?low volatility? options volume was still very strong in 2014. Tempting to believe that OTM call buyer did well in this extended market.
- Fed tapering – When is it likely to happen? What is likely to happen in the market when the Fed tapers?
- Things to keep in mind for 2015 – It might be time for a smart hedge. The return of Rho. Volatility has a volatility. Exchange fragmentation will continue. Expand your horizons.