Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Activatecard who wrote (23409)	4/5/2000 9:44:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

certainly: the VIX measures the implied volatility premiums of 8 different OEX options: the front month at the money call and put, the just out of the money call and put, and the same again for the equivalent options expiring in the month following the front month. often the VIX is used as a gauge of fear, or the absence thereof, as put premiums specifically tend to expand during sell-offs (the call premiums expand as well, as market makers get fearful of snap-back rallies). recently we had the rare opportunity to see the VIX expand in a wave of panic buying (and i'm not talking about the NAZ comeback on Tuesday, but the period preceding the downdraft).