TVPP TVPA TVPY Cupones Vinculados al PBI

[Peor_es_nada]

MAM y vos decis que hablan de cualquier cosa, cuando sitas una pizza de UGIS como indicador????

[All Ramon]

Siempre un a QUEJA ¡¡¡ , solo trato de aportarles algo,, es resumen ES EL INDICE DEL MIEDO ¡¡¡ y es utilizado para medir la tranquilidad o intranquilidad del Mercado, esto puede ser que SUBA O BAJE fuerte ¡¡¡¡, muy utilizado para las operaciones de futuros y opciones...

[Peor_es_nada]

Para que sirve el VIX?

[bullbear]

VIX muestra la volatilidad implícita de las opciones sobre el índice para un periodo de 30 días, para ello se calcula tomando el promedio ponderado de la volatilidad implícita de ocho opciones call y put OEX (opciones S&P 500).
SI quieren ampliar
http://es.wikipedia.org/wiki/VIX

[Peor_es_nada]

VIX is the ticker symbol for the Chicago Board Options Exchange Volatility Index, a popular measure of the implied volatility of S&P 500 index options. It is not backed by anything and positions held are merely a prediction of a future. A high value corresponds to a more volatile market and therefore more costly options, which can be used to defray risk from this volatility by selling options. Often referred to as the fear index, it represents one measure of the market's expectation of volatility over the next 30 day period.

The VIX Index in 1993 was introduced in a paper by Professor Robert E. Whaley of Duke University[1].

Bien All Ramon!!!
Estan subrayadas las frases para que se vea para que sirve el VIX.

[All Ramon]

The VIX is quoted in terms of percentage points and translates, roughly, to the expected movement in the S&P 500 index over the next 30-day period, on an annualized basis. For example, if the VIX is at 15, this represents an expected annualized change of 15% over the next 30 days; thus one can infer that the index option markets expect the S&P 500 to move up or down over the next 30-day period. That is, index options are priced with the assumption of a 68% likelihood (one standard deviation) that the magnitude of the S&P 500's 30-day return will be less than 1.17% (up or down).

The price of call options and put options can be used to calculate implied volatility, because volatility is one of the factors used to calculate the value of these options. Higher (or lower) volatility of the underlying security makes an option more (or less) valuable, since there is a greater (or smaller) probability that the option will expire in the money (i.e. with a market value above zero). So a higher option price implies greater volatility, other things being equal. Despite its sophisticated composition, however, the predictive power of VIX is similar to that of simpler measures, such as past volatility (see graphs on the right).

Investors believe that a high value of VIX translates into a greater degree of market uncertainty, while a low value of VIX is consistent with greater stability.

Even though the VIX is quoted as a percentage rather than a dollar amount there are a number of VIX-based derivative instruments in existence, including:

VIX futures contracts, which began trading in 2004
exchange-listed VIX options, which began trading in February 2006.
VIX futures based Exchange Traded Notes (ETN's) launched by Barclays iPath in February 2009.
Similar indices for bonds include MOVE, LBPX indices.

Although the VIX is often called the "fear index", a high VIX is not necessarily bearish for stocks. Instead, the VIX is a measure of fear of volatility in either direction, including to the upside. In practical terms, when investors anticipate large upside volatility, they are unwilling to sell upside "call" stock options unless they receive a large premium. Option buyers will be willing to pay such high premiums only if similarly anticipating a large upside move. The resulting aggregate of increases in upside stock option "call" prices raises the VIX just as does the aggregate growth in downside stock "put" option premiums that occurs when option buyers and sellers anticipate a likely sharp move to the downside. When the market is believed as likely to soar as to plummet, writing any option that will cost the writer in the event of a sudden large move in either direction may look equally risky. Hence high VIX readings mean investors see significant risk that the market will move sharply, whether downward or upward. The highest VIX readings occur when investors anticipate that huge moves in either direction are likely. Only when investors perceive neither significant downside risk nor significant upside potential will the VIX be low.

The Black-Scholes formula is a quantification of how an option’s value depends on the volatility of the underlying assets.

[All Ramon]

VIX is the ticker symbol for the Chicago Board Options Exchange Volatility Index, a popular measure of the implied volatility of S&P 500 index options. It is not backed by anything and positions held are merely a prediction of a future. A high value corresponds to a more volatile market and therefore more costly options, which can be used to defray risk from this volatility by selling options. Often referred to as the fear index, it represents one measure of the market's expectation of volatility over the next 30 day period.

The VIX Index in 1993 was introduced in a paper by Professor Robert E. Whaley of Duke University[1].

[Peor_es_nada]

Apolo fijate la ganzada que manda el Santander.

el EMBI con correlacion positiva al VIX.
Cita que compone al EMBI y que compone al VIX, y que mide cada indice?

Vas a ver que con esa logica podes correlacionar el EMBI con la venta de canarios en tigre.

Me clarifico,

El EMBI mide a los paises en desarrollo y el VIX la volatilidad, en el caso del EMBI mide un PRECIO o VALOR y en el caso del VIX mide cuanto subio o bajo en 1 dia la DIFERENCIA de PRECIO ANTERIOR vs. PRECIO de CIERRE de hoy.

No entiendo donde esta la matematica de eso....

[Peor_es_nada]

Apolo fijate la ganzada que manda el Santander.

el EMBI con correlacion positiva al VIX.
Cita que compone al EMBI y que compone al VIX, y que mide cada indice?

Vas a ver que con esa logica podes correlacionar el EMBI con la venta de canarios en tigre.

[Peor_es_nada]

Calma gente. Lo resumo en dos lineas.
La baja del Vix indicaria piso o suba segun la interpretación de Apolo.
Y Peor es nada dice q es indecisión esa baja, solo eso.

La baja del vix implicaria que nadie esta comprando fuertemente o vendiendo fuertemente, basicamente los mercados estan calmos...y eso provoca un efecto que hace que despues de que esten calmos vuelvan a estar locos....
Es todo un negocio de los grandes.