The speaker argued that near-zero correlation among stocks is holding index volatility (VIX) down to the mid-teens, even as single-stock volatility (VIX EQ) screams higher, creating a historically wide spread.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.
The story so far
OPEN · 3 MENTIONS · 2 EPISODES · 2 SHOWS
1 SUPPORT · 2 REPEAT
- CNBC FAST MONEY
- THE ALPHA EXCHANGE · 2 MENTIONS
- The speaker argued that near-zero correlation among stocks is holding index volatility (VIX) down to the mid-teens, even as single-stock volatility (VIX EQ) screams higher, creating a historically wide spread. · THIS IDEA
- Integrated risk: correlation, single-stock vol, and cheap insurance
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD