Glenmede Secured Options November Update and Chart of the Month: Examining Perspectives on Recent Options Pricing
Derivatives Portfolio Manager Sean Heron shares an update on Glenmede's Secured Options Strategy and looks at market condition. With the S&P 500 at an all-time high, the backdrop for options has become more defensive. Investors are asking why options are expensive when the VIX index has dropped to such low levels. Sean offers three explanations for understanding recent options pricing.