25 November 2018

How to Prepare for a Job Interview

As I am writing this post, I have come a long way... from job hunting to preparing myself for job interviews to negotiating and eventually clinching the job.  Maybe it is an "Asian" thing, I realise we tend to be overly humble and undersell our abilities during interviews. This may lead to missed opportunities even if know we are fully aware that we are qualified for the role. When it comes to job interviews, from my past experiences I can say that over preparation is underrated. I went in the interviews over prepared, from researching the background of the company and common questions to reading reviews on Glassdoor to see what feedback I could gather before meeting the interviewers in person. You can read about my Checklist for Starting a New Job for readers who have gone through this stage. 



I have come up with a Checklist for you readers sharing How I prepare for my Job Interviews

How to Start Your New Job Right

Congrats now that you have landed your dream job. For those who are nervous about starting your new job, I am dropping my checklist over here to make sure you readers start off on the right foot! 

For readers who would want to find out how I prepare for my Job Interviews, you can do so here


checklist for starting a new job

1. Get ready to introduce yourself a lot

- be familiar of the managers' name, HR names, what you will be doing with the team

21 November 2018

Guide to Investing Options [Options Clearing Corporation]

1. Basics: When you purchase an option --> Long position 
    Write an option --> Short position 

2. Set your Strategy 
    - Want more Income --> write Covered Calls
    - Protect the value of the stocks that you own 
                   - Purchase Puts
                   - Purchase options on an Index that tracks the type of stocks in my portfolio 
the more time until expiration, the higher the option premium, because the chance of reaching strike price is greater 


Volatility Skew Information


Volatility Skew

- situation where individual options on a particular entity have different implied volatilities that form a pattern 
- the pattern can be a positive or negative skew

Positive Skew (forward skew)
- higher strikes, higher IV

Negative Skew (reverse skew)
- lower strikes, higher IV 


options volatility skew


Horizontal Skew
- long term options with lower IV
- because longer term options have uncertainty of future news


If skew is (+) and IV is Low Percentile --> Put Backspread
If skew is (+) and IV is High Percentile --> Call Ratio Spread
If skew is (-) and IV is Low Percentile --> Call Backspread
If skew is (-) and IV is High Percentile --> Put Ratio Backspread



Credits: https://www.optionstrategist.com/blog/2013/03/volatility-skew-information

20 November 2018

About our Volatility Data - Implied Volatility and Historical Volatility


Estimate of the volatility of the underlying stock

Low implied volatility --> Option considered cheap 

Don't blindly buy or sell based on Implied Volatility. There may, in fact, be a good reason why the options are expensive. Perhaps the company is involved in a major litigation, or it is a biotech company that has a major drug up for review before the FDA. Conversely, if options are very cheap, perhaps the company has agreed on an all -cash buyout. 


Index Symbols begin with $

Futures Symbols begin with @


Credits: https://www.optionstrategist.com/products/category/free-analysis-tool