|
PureBytes Links
Trading Reference Links
|
Hey, Doc, what's the new symbol?
BobR
At 09:37 AM 11/5/97 -0600, THE DOCTOR wrote:
>In Reference to Volatility and Index Reporting.....
>
>CBOE will begin(in the next 90 to 180 days)begin reporting a new
>Volatility measure.
>
>The measure is calculated from the S & P 500 and will be more of an
>institutional measure of pure VEGA.
>
>VEGA trades are done commonly in the institutional market(on an O T C
>basis) and this measure will, hopefully, establish an institutional
>benechmark for volatility based trades.
>
>The Index will report over OPRA just like any conventional quotem and
>should begin in the next few weeks/months.
>
>The new index will be IN ADDITION to VIX and will in no way impact VIX
>and it's reporting.
>
>"You heard it here first"
>
|