This article was originally published in The Option Strategist Newsletter Volume 13, No. 4 on February 26, 2004.
As we’ve mentioned before, the CBOE is about to offer us the ability to trade volatility. We expect this to be a very successful product – perhaps the most successful new listed derivative product since the introduction of index options over 20 years ago. We want you, our readers, to be prepared for this event. Hence, we will run a series of short articles prior to their introduction, to ensure that everyone knows the facts and understands the basic strategies.
This article was originally published in The Option Strategist Newsletter Volume 15, No. 7 on April 14, 2006.
Over the years, we have published several articles dealing with the frequency of stock and index options expiring worthless. Generally, they don’t expire worthless nearly as often as (incorrect) conventional wisdom thinks. At a recent seminar, an attendee asked for the same data concerning futures options, and we didn’t have it! So, we’ve begun some research, and it looks like it could be quite interesting. In this article, we’ll look at a few of the futures markets, with the idea of adding more of them, as time for research permits.
