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...options market is driving the price of the VIX. But there's a twist: As the stock market falls, investors tend to buy put options in order to hedge against falling prices. As the 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...
...Personally, I am willing to make some sacrifices and invest some money in order to have a light environmental footprint,” Solem said, adding that she drives a hybrid car, uses reusable shopping bags, and tries to take public transportation whenever possible...
...establishments are looking into installing solar thermal panels to heat water, a technology that would require a 30-year payback period while needing replacement every 15 years. Though the solar thermal panels would not be cost-effective, Solem said that she will probably install them anyway in order to support the industry and promote their...
...Gaga-Kelly Clarkson double header is through T-mobile. Starting April 20th they are giving tickets (which are free, remember?) away at two locations--the T-mobile store at 375 Washington Street in Boston and the store at South Shore Plaza in Braintree. But beware-- in order to get a ticket you have to either own a Sidekick already, buy one, or play some kind of game (we hear ring toss is popular...
Petraeus also noted the importance of reaching out to the enemy in order to help ensure peace...