RT Journal Article
SR Electronic
T1 Volatility Contracts™ — A New Alternative
JF The Journal of Alternative Investments
FD Institutional Investor Journals
SP 12
OP 20
DO 10.3905/jai.2000.318927
VO 3
IS 1
A1 Robert P. Krause
YR 2000
UL https://pm-research.com/content/3/1/12.abstract
AB Recent volatility in the financial markets has focused investor interest on alternative investments, which may offer additional means to manage volatility risk or provide return opportunities that are not available in traditional stock and bond markets. The creation of a new alternative volatility contract is proposed, which is designed to be an exchange–tradable instrument similar in many ways to a futures contract. It is based on the realized or actual volatility that the underlying instrument goes on to display.