Word: actualizations
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...price of put options increases, the implied volatility of those options increases, and so does the VIX. However, if the S&P 500 had moved in the exact opposite direction this year, the VIX would not have been as high even though the S&P 500's actual, realized volatility would have been identical. Volatility is symmetric to market rises and falls, but the VIX is not. Reason: A falling market scares traders into buying put options, but a rising market doesn't equally scare traders into buying call options...
...volatility that investors writing, or selling, options are expecting. In a relatively stable market, the VIX probably does mimic realized volatility fairly accurately, but in desperate times, as investors flock into put options - and greater volatility is possible in the near future - the VIX is an inflated measure of actual volatility...
...mean actual cities where people could live...
Despite the intense nature of some of the footage, Disneynature has cleaned up the material for young children - no actual killing is shown on film - and Earth is rated G. For a nature film, Earth also takes a notably G-rated stance on the subject of the environment. Climate change is mentioned a few times in passing - and we see a male polar bear in northern Norway struggling with melting sea ice - but there is no real message or explanation of it here. Instead of doom, the overall mood is joy, the renewal that comes with rain...
...Samuel ’12, who attended the event, said that she enjoyed the opportunity to learn more about the research process. “It’s helped me connect the dots more with what I’m learning in school and as it applies to actual research in public health. So it was very informative,” she said...