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The sell off continued on Wall Street this week with Financials again bearing the brunt of investor nervousness.
The 200 day moving average is oft quoted by analysts who are ‘sometime’ technical analysts.
Welcome to Part 3 of my series on the Greeks. This article will focus on Vega and how this devil of a Greek behaves throughout the life of an option and as time to expiration approaches.
Mathew Barnes
6 Jun, 2008
All Safety in the Market students should be familiar with David Bowden’s expression “Get to know your contract like a cow knows its calf”.
Renewed concerns over the impact of the credit crisis acted to erase all of last week’s gains in just the first part of the US trading week, before a re-think later on Thursday gave rise to the biggest one day rally since the start of May.
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