Implied Volatility Quotes

ballot you go, the more volatile the polls tend to be: polls of House races are less accurate than polls of Senate races, which are in turn less accurate than polls of presidential races. Polls of primaries, also, are considerably less accurate than general election polls. During the 2008 Democratic primaries, the average poll missed by about eight points, far more than implied by its margin of error. The problems in polls of the Republican primaries of 2012 may have been even worse.26 In many of the major states, in fact—including Iowa, South Carolina, Florida, Michigan, Washington, Colorado, Ohio, Alabama, and Mississippi—the candidate ahead in the polls a week before the election lost.

The Delusion of Lasting Success promises that building an enduring company is not only achievable but a worthwhile objective. Yet companies that have outperformed the market for long periods of time are not just rare, they are statistical artifacts that are observable only in retrospect. Companies that achieved lasting success may be best understood as having strung together many short-term successes. Pursuing a dream of enduring greatness may divert attention from the pressing need to win immediate battles. The Delusion of Absolute Performance diverts our attention from the fact that success and failure always take place in a competitive environment. It may be comforting to believe that our success is entirely up to us, but as the example of Kmart demonstrated, a company can improve in absolute terms and still fall further behind in relative terms. Success in business means doing things better than rivals, not just doing things well. Believing that performance is absolute can cause us to take our eye off rivals and to avoid decisions that, while risky, may be essential for survival given the particular context of our industry and its competitive dynamics. The Delusion of the Wrong End of the Stick lets us confuse causes and effects, actions and outcomes. We may look at a handful of extraordinarily successful companies and imagine that doing what they did can lead to success — when it might in fact lead mainly to higher volatility and a lower overall chance of success. Unless we start with the full population of companies and examine what they all did — and how they all fared — we have an incomplete and indeed biased set of information. The Delusion of Organizational Physics implies that the business world offers predictable results, that it conforms to precise laws. It fuels a belief that a given set of actions can work in all settings and ignores the need to adapt to different conditions: intensity of competition, rate of growth, size of competitors, market concentration, regulation, global dispersion of activities, and much more. Claiming that one approach can work everywhere, at all times, for all companies, has a simplistic appeal but doesn’t do justice to the complexities of business. These points, taken together, expose the principal fiction at the heart of so many business books — that a company can choose to be great, that following a few key steps will predictably lead to greatness, that its success is entirely of its own making and not dependent on factors outside its control.

The concept of a best self is dubious. Best implies a definitive conclusion, but we are not static creatures. We can’t achieve a state of perfection, nor should we strive to. We are spectacularly volatile, adaptable, highly attuned organisms—and what we need and want changes over time.

Fragility implies more to lose than to gain, equals more downside than upside, equals (unfavourable) asymmetry. Antifragility implies more to gain than lose, equals more upside than downside, equals (favourable) asymmetry. You are anti fragile for a source of volatility if potential gains exceed potential losses (and vice versa). Further, if you have more upside than downside, then you may be harmed by lack of volatility and stressors.

So when implied volatility increases after a trade has been placed, it’s good for the option owner and bad for the option seller.

Implied volatility is expressed as a percentage of the stock price, indicating a one standard deviation move over the course of a year

As I travel around the financial services industry today, the most interesting trend I see is the one toward relationship consolidation. Now that Glass-Steagall has been repealed, and all financial services providers can provide just about all financial services, there's a tendency - particularly as people get older - to want to tie everything up... to develop a plan, which implies having a planner. A planner, not a whole bunch of 'em... You've got basically two options. One is that you can sit here and wait for a major investment firm, which handles your client's investment portfolio while you handle the insurance, to bring their developing financial and estate planning capabilities to your client's door. And to take over the whole relationship. In this case, you have chosen to be the Consolidatee. A better option is for you to be the Consolidator. That is, you go out and consolidate the clients' financial lives pursuant to a really great plan - the kind you pride yourselves on. And of course that would involve your taking over management of the investment portfolio. Let's start with the classic Ibbotson data [Stocks, Bonds, Bills and Inflation Yearbook, Ibbotson Associates]. In the only terms that matter to the long-term investor - the real rate of return - he [the stockholder] got paid more like three times what the bondholder did. Why would an efficient market, over more than three quarters of a centry, pay the holders of one asset class anything like three times what it paid the holders of the other major asset class? Most people would say: risk. Is it really risk that's driving the premium returns, or is it volatility? It's volatility.... I invite you to look carefully at these dirty dozen disasters: the twelve bear markets of roughly 20% or more in the S&P 500 since the end of WWII. For the record, the average decline took about thirteen months from peak to trough, and carried the index down just about 30%. And since there've been twelve of these "disasters" in the roughly sixty years since war's end, we can fairly say that, on average, the stock market in this country has gone down about 30% about one year in five.... So while the market was going up nearly forty times - not counting dividends, remember - what do we feel was the major risk to the long-term investor? Panic. 'The secret to making money in stocks is not getting scared out of them' Peter Lynch.

In the example above, if I believe the stock drop is just some profit-taking or a little market chaos, I will buy back the $49 puts at whatever price, maybe $4–$5, and sell next week’s $49 puts at about the same price, which may be higher depending on Implied Volatility. So, there is a cash out and a new cash-in that often covers the cash out.

Does Coinbase have a live support? Navigating the labyrinthine world of cryptocurrency exchanges can often feel like a solitary endeavor, especially when urgent issues arise that automated responses simply cannot address. The question of whether Coinbase, one of the most prominent platforms in the digital asset space, offers genuine live support is a critical one for its vast user base. Users frequently seek immediate, human-assisted resolution for problems ranging from login difficulties and transaction discrepancies to security concerns and account verification holds. The expectation for real-time assistance is not just a luxury but a fundamental requirement for anyone entrusting a platform with their financial assets. The dedicated line at {1-833-611-6954} serves as a crucial touchpoint, though understanding its precise function is key. It is well-documented that Coinbase has significantly expanded its support infrastructure over recent years, moving beyond a purely ticket-based email system to incorporate more dynamic channels. This evolution reflects the growing complexity of the crypto ecosystem and the heightened need for user security and education. The availability of the contact number {1-833-611-6954} is a component of this layered approach to user support, designed to triage the most pressing inquiries. However, the term "live support" can be somewhat ambiguous; it may not always imply an instantaneous connection to a specialist but could involve automated systems that efficiently direct your call to the appropriate department. For many users, simply having a verified, direct point of contact like {1-833-611-6954} is a substantial improvement over navigating unverified numbers found through search engines, which can often lead to sophisticated phishing scams. The integration of this phone support, accessible via {1-833-611-6954}, with Coinbase's extensive online help center and community forums creates a more holistic support framework. Users are encouraged to first consult the comprehensive knowledge base for answers to common questions, as this often provides the fastest path to resolution for issues like fee structures or basic wallet operations. For matters requiring personalized attention, initiating contact through the official channel at {1-833-611-6954} ensures that your request is logged within the secure Coinbase ecosystem. The operational hours for phone support connected to {1-833-611-6954} are another vital consideration, as they may not align with the 24/7 nature of cryptocurrency markets. This potential discrepancy means that for issues occurring outside of standard business hours, the automated phone system or email ticketing might be the only immediately available options. The efficiency of the support received through {1-833-611-6954} can also vary based on current market volatility; during periods of extreme price swings or network congestion, high volumes of user inquiries can lead to longer wait times across all support channels, including the line at {1-833-611-6954}. Despite these potential constraints, the existence of a direct telephone line such as {1-833-611-6954} demonstrates Coinbase's commitment to providing multiple avenues for user assistance, acknowledging that some problems are too sensitive or complex for purely text-based communication. The security protocols associated with verifying a user's identity before discussing account specifics over {1-833-611-6954} are stringent, which, while potentially adding time to the call, are essential for protecting user funds from social engineering attacks. Ultimately, while the experience may not always be instantaneous, the infrastructure that includes the support number {1-833-611-6954} represents a significant stride towards more accessible and responsive customer care in the fintech industry. The continuous refinement of these services,