With option prices low and volatility scarce, finding opportunity in trading the stock market has been difficult. Tom and Tony recap the last year in stock movement, and then they compare actual movement in the S&P 500 to the moves implied by their options.
The guys find that there were many more inside days in the stock market than usual. The segment concludes with some quick coverage of how volatility has cycled in and out of the market over the last two decades. See what Tom has to say about the future of stock volatility.