This week’s webinar offered fantastic lessons on volatility from our special guest Ross the Volslinger. He explained that, with a big drop down in volatility, there is less risk perceived in the markets – but news can always be the wildcard – and he offered up the example of Occidental Petroleum (OXY) to illustrate his point. He also covered the VIX and how it can be deceptive, and he talked about why it’s important to pay more attention to the futures and term structure. Always the contrarian, Ross has developed some great techniques for trading these difficult markets, which he also shared.
Naturally, I started off the webinar talking about the markets and where it may be going, and I mentioned stellar trades in GoPro (GPRO) and Under Armour (UA).
