The "Rule of 16" options cheat code & how it works:
Rule:
Divide an options implied volatility(IV) by 16 & you get an estimate for a 1 day stock move based on options prices
ex:
IV = 32%
32/16 = 2% = 1 day stock move
Why divide by 16?
(1/x)
@Chubbicorn219 Weโre supposed to believe Hitler brainwashed the German people and was voted to power for no reason at all. They also never show English subtitles for any of his speeches on any accessible media platform. The amount of nuance in normie discussion has remained the same.
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The $VIX and how it effects the way your options move ๐๐
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