Tillie Allison discusses how she looks at volatility, which is slightly different that most! Approaching it from a different angle allows her to filter for risk and reward prospects which might make a nice addition to the investment portfolio. This portfolio is most certainly using options to help buy these positions at prices that may be lower than the security actually traded! Got to love premium! Later, Tillie and Merlin discuss the uses of indicators to build a rule based strategy which removes the “thinking” process, and turns the investor or trader into an strictly rule based trader.