The major change in pricing is the sharp decline in implied volatilityrelative to realized volatility, evident immediately upon the opening of the CBOE.
The relative pricing in Japan is attractive. There is a lot of volatility in the Chinese market and policy factors that no one can predict.
日本的价格相对更有吸引力,在中国市场有很多波动,而且政策因素没有人可以预测。
3
True, Apple’s relative success is partly due to a dip in the oil price, which has pummeled Exxon’s shares, and to the volatility that swept through stockmarkets this week.