Shares have rallied 15% since the April 19 low. Jared Woodard of Condor Options recommends a strategy that looks for a flat-to-higher stock price and lower implied volatility.
Jared Woodard of Condor Options takes a look at how SPX traded from early March to last Friday and which strategies worked, giving us a good sense for the character of this market.
Delta is one of the risk variables that we use to describe a position. Jared Woodard explains what it means and puts it into real life context.
Jared Woodard of Condor Options believes short vol-of-vol strategies will return to form this year.
With markets down today on news from Cyprus, Jared Woodard of Condor Options says it looks like a perfect opportunity for all of the would-be dip-buyers who have been waiting for a market entry.
An intuitive, simple approach to risk management will allow you weather any kind of market.
There is no one right answer about how to trade expiration. Jared Woodard of Condor Options explains why it's a simple question of risk management.
This isn't the kind of market where Jared Woodard of Condor Options thinks it makes sense to start building substantial new short positions, but we're also not interested in buying any dips or selling volatility here.
Jared Woodard of Condor Options points out that as long as the tails of the return distribution remain small, more investors should return to the market.
Jared Woodard of Condor Options points out realized stock correlation has plummeted, and option-implied correlation S&P 500 correlation estimates are lower, too. This indicates that 2013 is promising for some good stock picks.