Articles and Updates
March 2026
Industry Conversations: OIC Instructor Mark Benzaquen x MoneyShow Las Vegas
OIC Instructor Mark Benzaquen attended MoneyShow Las Vegas, a financial conference that connects individual investors and financial advisors with insights from market analysts, portfolio managers, and other financial professionals. In addition to his presence at the OIC booth for the duration of the event, Mark delivered a live educational session titled The Rule of 16: Deriving Daily Meaning From an Annual Volatility Metric.
In this presentation, Benzaquen explored how traders can convert implied volatility into a practical daily standard deviation using a simple, repeatable framework. He walked attendees through the Rule of 16 formula, explaining how dividing a stock's annual implied volatility by the square root of 252 trading days, rounded to 16 for simplicity, yields an implied daily standard deviation.
The session concluded with a discussion of how changes in implied volatility, independent of stock price movement, can significantly alter the risk and opportunity profile of an options position.
During the conference, Benzaquen met with attendees at the OIC booth, discussing a range of options-related topics and OIC's free educational offerings available at OptionsEducation.org.
In this presentation, Benzaquen explored how traders can convert implied volatility into a practical daily standard deviation using a simple, repeatable framework. He walked attendees through the Rule of 16 formula, explaining how dividing a stock's annual implied volatility by the square root of 252 trading days, rounded to 16 for simplicity, yields an implied daily standard deviation.

The session concluded with a discussion of how changes in implied volatility, independent of stock price movement, can significantly alter the risk and opportunity profile of an options position.
During the conference, Benzaquen met with attendees at the OIC booth, discussing a range of options-related topics and OIC's free educational offerings available at OptionsEducation.org.
