I've got a question on implied volatility.
Usually,
1. the market goes down much faster than it goes up (not always, but usually)
2. implied volatility goes up when the market goes down (not always, but usually)
So, considering the above 2 relations, can we say that implied volatility goes up much faster than it goes down????
Usually,
1. the market goes down much faster than it goes up (not always, but usually)
2. implied volatility goes up when the market goes down (not always, but usually)
So, considering the above 2 relations, can we say that implied volatility goes up much faster than it goes down????