Options Update: Betting on a Yandex Rebound

The video discusses market volatility in 2015, highlighting significant events and the impact of the Fed's quantitative easing program. It explores expectations for future volatility, noting historical cycles and the natural frequency of market events. The video also analyzes the Russian market, focusing on Yandex and the ruble, and suggests trading strategies like risk reversal to leverage stock exposure.

What significant event in October 2015 is highlighted in the discussion of volatility?

• The start of a new quantitative easing program

• A major drop in U.S. stock prices

• The winding down of the Fed's quantitative easing program

• A significant increase in oil prices

What is the expected duration of the current volatility regime according to historical cycles?

• About 5 1/2 years

• More than 10 years

• About 2 years

• Less than 1 year

How often have volatility events occurred since January 2013?

• Every two months

• Every month

• Every year

• Every six months

What is the primary focus of the trading strategy discussed in the Russian market?

• Buying Russian government bonds

• Risk reversal strategy with Yandex

• Investing in oil companies

• Short selling Russian stocks

What is the implied volatility of the ruble compared to its steady state?

• Around 50%

• Below 10%

• Above 70%

• Exactly 10%