SPYIX, pronounced “spikes”, is a new index for tracking volatility created by BATS. The index is calculated from options prices just like the VIX index created by the CBOE but with a slight twist. VIX Price Calculation The VIX uses the “mid” price which is the halfway point between the…
Commission Free Trades More users are downloading Robinhood and beginning their journey to riches. I'm sure that at least some of them are wondering how Robinhood is able to offer commission free trades. Especially in a world where we often find that Nothing is Free. One obvious reason is the…
Fundamental analysts and technical analysts could be compared to Republicans and Democrats. Not that their arguments are similar, but because schools of thought that may have worked well in the past don’t always work well forever. Both camps would benefit from being more open-minded (analysts and politicians). Of course…