Tag - ETF

Advice to the Advisors

two puppies | the difference between SPX and SPY | Sheaff Brock Institutional Group

Have Your Clients Warmed to SPY and SPX? What’s the Diff?

“Many advisors have warmed to using options and products that use options in their portfolios in 2018,” Christopher Robbins writes in Financial Advisor magazine. “They have been encouraged by both more volatile markets in stocks and bonds and by the increasing ease and efficiency of applying the strategies.” In fact, not that long ago, the Chicago Board Options Exchange reported a new monthly volume record in October 2018 for S&P 500 options, at 41.4 million contracts traded. Two of the most [...]

Advice to the Advisors

Upside Volatility on Wanted List | Sheaff Brock Institutional Group

Put Upside Volatility on the Wanted List?

Far from doing everything possible to avoid volatility, downside volatility is the only type to avoid. We should all want portfolios that have higher levels of upside volatility, Craig Israelson asserts. Traditionally, one advantage of building a broadly diversified portfolio is reduced volatility of returns. When higher standard deviation results in impressive upside performance, that is hardly something to be upset about, he observes. Well worth explaining to clients, the SPDR S&P 500 (NYSE symbol SPY) is the most widely traded contract [...]