2013's Incredible Stock Market Gains – Business Insider

It’s safe to say 2013 turned out better than expected for the stock market.

In the year to date, the S&P 500 index is up over 27%.

As the chart below from options guru Jared Woodard of Condor Options illustrates, 2013 was the first year in a long time that the market was able to outperform the upper end of the range implied by options at the beginning of the year.

We experienced a similar situation in 2008 — but to the downside.

Check it out:

Business Insider/Matthew Boesler

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2013's Incredible Stock Market Gains – Business Insider

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