The adage on Wall Street is "sell in May and go away." Now that the Labor Day holiday is in the rearview mirror, investors are back at their desks and gearing up for a busy September. Much attention will be focused on the August jobs report, which will be released on September 6 and what it means for the Federal Reserve rate decision on September 18. There are also inflation reports and the election that could move stocks too.

In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre, along with Yahoo Finance producer Sydnee Fried, sit down with Interactive Brokers chief strategist Steve Sosnick to discuss the volatility index (^VIX), options trading, and phrase of the day zero days till expiration zero, DTE.

“[Zero dated options] are simultaneously the least expensive and the most expensive option you can buy,” adds Sosnick. He goes on to explain “With an option, the more time you have to expiration, the more value that has.”

On small caps and the Russell 2000, Sosnick reminds us;” You need either a really robust economy... which really allows the smaller companies to thrive because they don't have the pricing power of some of the giants, or you need very low interest rates. Unfortunately, right now we have neither.”

Find more episodes of Stocks in Translation here.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Yahoo Finance's Stocks In Translation is hosted by Jared Blikre and produced by John Tejada and Alexander Frangeskides.

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