Jack’s note:
My new website hub is up at https://www.thestockinsider.com/ (not possible to log in yet)
The main newsletter is now at: https://newsletter.thestockinsider.com/
From now on, links to new tools and all related websites will be appearing on the main domain.
Guys, we are ALMOST done with the scanner. Backend is 100%. It’s going to be phenomenal.
I apologize, but my sickness delayed everything. This week it will be on. I promise. I just don’t want to release a tool with any bad data.
Thank you all for supporting me and enabling me to get the “thousands of paid subscribers” badge:
Hi!
It’s Jack and The Stock Insider team with the best non-partisan daily newsletter related to politics, the US stock market, and business. 😇
The Markets:
📉 Fear & Greed Index: 20/100
🔴🔴🔴🔴🔴 — Extreme Fear based on VIX
The calculation is based on VIX:
σ² = (2 / T) * Σ[ΔK * (K^(-2)) * e^(RT) * Q(K)] - (1 / T) * [(F / K0) - 1]²
Where:
- T is the time to expiration in years.
- ΔK is the interval between strike prices.
- K is the strike price of the option.
- R is the risk-free interest rate.
- Q(K) is the midpoint of the bid-ask spread for each option with strike K.
- F is the forward index level derived from index option prices.
- K0 is the first strike below the forward index level F.
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