options

Equities
Scott Shuttleworth

Buying undervalued stocks is traditionally the way investors seek to deliver returns over the long term. At Vega Capital, we utilise a differentiated way of looking at the markets in the United States and discuss it in today’s blog. There are two overarching algorithms we utilise, the first uses macroeconomic... Show More

Scott Shuttleworth

As Peter Lynch once famously said “You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets”. Today I’m going to discuss some ways in which investors can protect their portfolios from downside risk. Show More

Alex Shevelev

Many investors wouldn’t have touched Whitehaven Coal with a hazmat suit on. It was January 2016 and thermal coal had just hit US$47/ton. Under the weight of $925m of net debt, Whitehaven’s market capitalisation had fallen by almost 90%. Forager’s investment case at the time made the downside clear –... Show More

Livewire Exclusive

Drawdowns are an inevitable part of investing; even Berkshire Hathaway fell by more than 50% during the GFC. As growth investors, Nick Griffin from Munro Partners, says that it’s important to protect yourself both against stock specific risks, and market risks. Here, he explains their approach. Show More

James Gerrish

We use derivatives across the majority of our portfolios to improve performance and / or to reduce portfolio volatility. They help us consistently beat the market over time and improve the overall flexibility within our portfolios. We are almost entirely ‘sellers’ of options, and the bulk of our transactions are... Show More

Fred Woollard

Implied volatility is now trading at record lows across a variety of asset classes, especially in US equities. This means that option markets are priced in the belief that the economic and political outlook in America and the world is as stable as it has been for more than 25... Show More

Chad Slater

There was an excellent article on Livewire last week looking at some Listed Investment Companies (LIC) trading at a discount that offer good chances to profit for investors. Today, I offer another way that investors may not always consider: IPO investors to offer liquidity on the stock exchange. Show More

CommSec

CommSec Market Analyst Steven Daghlian speaks with Omid Shakibaei CommSec Exchange Traded Options DTR about the Protective Put strategy using QBE as an example . The full report is available at https://www.commsec.com.au/content/dam/EN/ResearchNews/CommSecOptions_020217finala.pdf Show More

Livewire News

One measure of expected turbulence, the relative cost of options that pay when stocks decline versus those that appreciate when they rise, jumped to the highest level ever recorded just before the S&P 500 Index buckled on Tuesday. The relative cost of hedging a 5 percent decline in an exchange-traded... Show More

Hugh Dive

The world is in a period of low growth and political uncertainty (Brexit, Hung Parliaments, Donald Trump et al.) Property as an investment class has performed well in this environment and is expected to continue to do so with lower interest rates and the largesse of central banks continuing to... Show More

Livewire Exclusive

Jason Teh, Portfolio Manager at Investors Mutual, says that options don’t have to be used for making leveraged bets on the direction of stocks. Instead, investors can use options as a way to generate income, while entering and exiting positions at an attractive price. “If we want to reduce our... Show More

CommSec

CommSec Market Analyst Steven Daghlian speaks with CommSec Exchange Traded Options DTR, Omid Shakibaei about the Buy-Write strategy Visit CommSec https://www.commsec.com.au/market-news/the-markets.html Show More

Matt Felsman

For the last few weeks we have been calling the recent market strength as nothing but a short term counter trend rally, forecasting a bearish longer-term road ahead. A great indicator that a short term high is approaching is the recent moves on the CBOE Equity Put/Call ratio. As shown... Show More