Cautious? Risky? Our Volatility Scorecard Can Help

Subscribers to Chart of the Week received this commentary on Sunday, May 11.Stay on our website for longer than five minutes and you’re bound to find references to Schaeffer’s Volatility Scorecard (SVS). The internal metric is a goldmine for options traders, helping identify opportunities using a scored rating of volatility expectations in the last year. But there’s more to SVS than meets the eye; the hypothetical straddle trades that are foundational to SVS can be taken in a lot of different directions. Us ...