If you’re a sailor on a ship, the waves (volatility) make your journey uncomfortable, but they aren’t necessarily dangerous. It’s the hidden reef beneath the surface (risk) that can sink the ...

Moreover, we find that the main drawbacks of stochastic volatility models are their inability to effectively model persistently high implied volatility and accurately capture event-driven skews in the ...

Volatility (VIX) will likely return to the market in a big way starting next week, as realized volatility levels have fallen sharply and the stabilizing forces from the February options expiration ...