Volatility Course Workbook

GEORGE A. FONTANILLS heads Pinnacle Investments of America, Inc., a hedge fund and money management company (www.piafunds.com). Pinnacle has recorded amazing returns for its investors with high-profit, low-risk trading strategies. For many years, Fontanills has been teaching the Optionetics Seminars-one of the best-attended courses in the world of finance-and spearheading the publication and dissemination of his strategies on Optionetics.com, a free Web site. Prior to Pinnacle, he was a principal at the American Stock Exchange. Fontanills has been featured in The Wall Street Journal, Barron's, Red Herring, and appears on Bloomberg, CNNfn, and CNBC. His bestselling books include Trade Options Online, The Options Course, and The Stock Market Course, all published by Wiley.TOM GENTILE is Chief Options Strategist for Optionetics and is featured in numerous publications including Fortune, Barron's, and The Wall Street Journal. As George Fontanills' trading partner and co-instructor at Optionetics Seminars, Gentile's passion for managed risk trading and straightforward style have added to his critical acclaim as one of the best trading instructors in the country.

• QUESTIONS AND EXERCISES.1. Crisis and Chaos in Financial Markets.2. Volatility in the Stock Market.3. Historical Volatility.4. Trading Historical Volatility.5. The World of Stock Options.6. Implied Volatility.7. VIX and Other Sentiment Indicators.8. Exploiting Low Volatility.9. Exploiting High Volatility.10. Volatility Skews.SOLUTIONS AND DISCUSSIONS.1. Crisis and Chaos in Financial Markets.2. Volatility in the Stock Market.3. Historical Volatility.4. Trading Historical Volatility.5. The World of Stock Options.6. Implied Volatility.7. VIX and Other Sentiment Indicators.8. Exploiting Low Volatility.9. Exploiting High Volatility.10. Volatility Skews.APPENDIX: Paper Trading Templates.