Sec-10 Unit 20 Answer seems to be wrong in : Options Volatility Trading: Concepts and Strategies

Q : John is analysing the implied volatility curve for a stock and notices that it is downward-sloping. What does this imply about the market conditions?



I think the correct answer should be : 

2. The market is currently more volatile than its usual level.



Instead its set to :

1: The market is currently quiet compared to its usual volatility.

Hi Vijay,



You are absolutely correct, we have fixed the correct answer.



Thankyou for pointing this out!