Looking one week in the rearview mirror, investors can only gasp. Nearly $1 trillion in stock market value was erased over five trading days from December 3 to 7, with the Dow Jones Industrial Average down more than 1000 points and the S&P 500 down more than 4.6%. Among the biggest losers was the world’s biggest corporation, Apple Computer, down 5.6% on the week. Amid this carnage, volatility trader Chase Thomas sees opportunity.
After his Volatility Advantage fund turned in a 9.16% gain in November at a time when the S&P 500 posted a positive 1.79% return, Thomas was...
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