Volatility

Gold Covered Straddles
May 09, 2016
Bullish Outlook

Gold Covered Straddles

Richard Croft

I talked about gold… reluctantly, back in February. I also read with interest comments from Patrick Ceresna who, also in February, penned a two-part thesis on why gold should move higher. And Patrick provided some strategies for investors to take advantage of his bull case which, I might add, have paid off handsomely. I also...

1079
0
1
4 years ago
Evaluating Earnings Variability
May 03, 2016
Earnings

Evaluating Earnings Variability

Richard Croft

We often hear about the expected movement in a stocks’ share price based on an upcoming earnings release. Calculated as an implied trading range by reverse engineering the option pricing formula. Traders typically use some version of the Black Scholes option pricing model to calculate the theoretical fair value for a call and...

1546
0
Like
4 years ago
Tales from a Reluctant Gold Bull
February 29, 2016
Volatility

Tales from a Reluctant Gold Bull

Richard Croft

In an effort to provide full disclosure I am not now nor have I ever been a raging gold bull. I am not convinced that gold provides crisis insurance or any kind of hedge against economic Armageddon. Personally if the global economy collapses under the weight of a currency crisis (note: the collapse of paper currency is the...

836
0
Like
4 years ago
Markets Down… Volatility Up!
February 01, 2016
Bearish Outlook

Markets Down… Volatility Up!

Richard Croft

Worst start for equity markets since 2008! With more to come if you believe the prevailing view on Bay and Wall Street. Simply not enough “blood in the streets” according to the bears. Which itself is an interesting take since no one can provide clarity as to why markets had such a terrible start to the year. Aside from the...

971
0
Like
4 years ago