45 lines
977 B
Plaintext
45 lines
977 B
Plaintext
Chapter 36: The Basics of Volatility Trading
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FIGURE 36-7.
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Implied versus historical volatility of a stock.
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120
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110
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100
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90
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80
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70
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60
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50
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40
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30
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20
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10
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01-----------~~r:cr:1---
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-10 "O
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-20 ~
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-30"5" F M A M J J A S O N D-
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Implied minus Actual 1999
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FIGURE 36-8.
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The price graph of the stock •
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... : ....... --: ......... : ·······.··········, ····-·-:· ....... : ........ ..; ... .
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······: ---:·······•: J. ...... 1 ....... ) ....... --) .... ----1 .).. ! .).
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······-·········-··· -.. ;..... : ...... ;.. . : ......... : .... .
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...... .: ......... : .......... : .......... : ....... , ......... •.
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..... ; ...... ) ....... .L.. ... .L .. Stock· Pri~e ..... ) ...... ) .. .
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·······'• ...... _.: ____ .... •. ·······:----
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.•.•••• j ' .
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J F M A M J J A S 0 N D J
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1999
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Date
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27.000
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25.000
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23.000
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21.000
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19.000
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17.000
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15.000
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13.000
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11.000
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9.000
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7.000
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5.000
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741 |