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Technology Stocks : Internet Analysis - Discussion

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To: Chuzzlewit who wrote (108)2/3/1999 4:59:00 PM
From: Steve Robinett   of 419
 
CTC,
You can get all the volatility information you need at the Chicago Board Options Exchange.
cboe.com

At the CBOE click on quotes, then click use the right box to retrieve fundamental information about stocks or indexes. I notice you can put in SPX and get an historical volatility number expressed in the same way as the volatility for individual stocks. For example, the SPX current volatility today shows as 17.34% and that of AOL at 80.14%, so you might be able to say that AOL is about 4.62x more volatile than the broader market. They also have some historical data you can download in spreadsheet form to backtest ideas. For implied, as opposed to historical, volatility, look at the VIX which you can get on line almost anywhere. Try ^VIX in yahoo quotes.
Best,
--Steve
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