a riddle related to American-style options

stopping time problems

a winner that’s really a loser

honest attribution

crossing the commodity chasm

Learning about commodity futures

commodity kamikaze

a rebalance trade idea for my portfolio

how arbitrage pricing creates opportunities for directional investors

This post starts with a response to a reader question but leads to a deeper question

Volatility Depends On The Resolution

How realized volatility depends on sampling frequency

Intro to Simulating Dynamically Hedged Option Positions

daily delta hedging explained

GLD vol post-mortem

Exploring a GLD vol short

Dynamic Hedging & Option P/L Decomposition

Plus some realized vol trickery

why home prices could fall with mortgage rates

understanding how your home equity changes when mortgage rates spike

understanding the realized vol portion of option p/l

isolating realized vol p/l

Connecting Vol Surfaces To Option P/L

Delta-neutrality, sticky strike vs sticky delta and more...