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Tesla True Believers Lose Faith – I Was a Heretic for Saying So

by Scott Nations | Apr 7, 2026 | Education

Tesla’s most ardent fans are beginning to lose faith — and I was demonized for pointing it out. When I warned on March 25 on CNBC.com that Tesla shares looked vulnerable, the reaction was swift and angry. After all, investors love Elon Musk and I understand why; he’s...
S&P Rallies (3.36%) But So Does Crude (10.75%). What Options Say.

S&P Rallies (3.36%) But So Does Crude (10.75%). What Options Say.

by Scott Nations | Apr 4, 2026 | Volatility Insights

This Week’s Edition of Volatility Insights Is Abbreviated Due To the Holiday. The Weekly Takeaway: The S&P 500 gained 3.36% this week thanks to a rally of 2.91% on Tuesday. The index is now down 3.84% for the year; The Nasdaq-100 gained 3.95% this week. It...
Five Weeks Down: S&P Slides as War and Rate Expectations Weigh

Five Weeks Down: S&P Slides as War and Rate Expectations Weigh

by Scott Nations | Mar 28, 2026 | Volatility Insights

The Weekly Takeaway: The S&P 500 lost 2.12% this week. That is the fifth straight weekly loss for the S&P 500 and it is now down 6.96% for the year; The Nasdaq-100 lost 3.20% this week. It is down 8.38% for the year; Crude oil futures rose 3.15% to close at...
Traders Are Buying S&P Call Options-But It’s Not What It Seems

Traders Are Buying S&P Call Options-But It’s Not What It Seems

by Scott Nations | Mar 21, 2026 | Volatility Insights

The Weekly Takeaway: The S&P 500 lost 1.90% this week. That is the fourth straight weekly loss for the S&P 500 and it is now down 4.95% for the year; The Nasdaq-100 lost 1.98% this week. It is down 5.35% for the year; Crude oil futures fell 1.23% to close at...
Don’t Be Fooled – What Are Option Markets Really Saying?

Don’t Be Fooled – What Are Option Markets Really Saying?

by Scott Nations | Mar 14, 2026 | Volatility Insights

The Weekly Takeaway: The S&P 500 lost 1.60% this week. That is the third straight weekly loss for the S&P 500 and it is now down 3.12% for the year; The Nasdaq-100 lost 1.06% this week. It is down 3.44% for the year; Crude oil futures gained 8.81% for the...
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Translate Index Values To Implied Moves

To convert a 30-day index value to a projected move:

  • Daily: Divide by 16
  • Weekly: Divide by 7.2
  • Monthly: Divide by 3.5

Example: VolDex at 22. Divide 22/16 = 1.375. This forecasts the expected daily move of the underlying instrument to be 1.375% based upon the VolDex value.

EQ Derivatives
bloomberg television
Charles Schwab
Wall St Journal

The information provided is for general education and information purposes only. No statement provided should be construed as a recommendation to buy or sell a security, future, financial instrument, investment fund, or other investment product (collectively, a “financial product”), or to provide investment advice. In particular, the inclusion of a security or other instrument within an index is not a recommendation to buy, sell, or hold that security or any other instrument, nor should it be considered investment advice. Past performance of an index or financial product is not indicative of future results. The views expressed herein are those of the author and do not necessarily reflect the views of Nations Indexes, Inc. or SpiderRock Gateway Technologies, LLC or any of their affiliates. There are important risks associated with transacting in any of the option products discussed here. Before engaging in any transactions in those products it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.theocc.com/company-information/documents-and-archives/options-disclosure-document These products are complex and are suitable only for sophisticated market participants. These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position. Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle. VolDex, TailDex, CallDex, PutDex, RiskDex, SpikeDex, and Deconstruct Skew, are registered trademarks of Nations Indexes, Inc. VIX is a registered trademark of Cboe

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