October 2023

The calculation of the VIX is complex, but it involves aggregating the weighted prices of multiple put and call options on the S&P 500 Index. This calculation takes into account the implied volatility of these options, which is influenced by the supply and demand dynamics in the options market. Investors can hedge against downside risk […]

RBOB is Reformulated Blendstock for Oxygenated Blending, a mix of petrochemicals intended to be mixed with ethanol to produce finished motor gasoline. The margins on calendar spreads are lower because the two contracts have a high degree of correlation and generally move in the same direction. However, one contract might move more than the other