Market Measures - December 23, 2020 - Comparing Market Risk in 2020
Standard deviations in this segment’s context tell us the probability of experiencing a certain daily % change in the S&P 500 within a given time period. The first half of 2020 proved to be twice as volatile as ‘08 when looking at day-to-day changes, while the second half of 2020 experienced completely average day-to-day volatility with implied volatility still relatively elevated. This segment looks at S&P volatility on a day-to-day basis, while the Market Measure on Monday, “[Intraday Ranges in 2020](https://www.tastytrade.com/tt/shows/9/episodes/56739?utm_campaign=archive&utm_medium=link&utm_source=social-share)”, focused on S&P volatility in terms of intraday ranges...for premium selling, the day-to-day volatility is what matters most.