Positive delta puts in the wild: Avis stock (CAR)
example of puts that lost value as a short-squeezed stock fell
trading as a sudoku puzzle
sense-making from market prices
a market-making project you can do today
market making exercise
approximating gamma in your head
mental math on gamma
oil options and the raw gamma paradox
gamma and calendar spreads
Example of “measurement not prediction” in the wild
Contradictions
the moontower bridge
an opinionated way to marry options to investing
links between options and event prediction markets
The odds surface across marketplaces
sticky vs floating strike
modeling vol surfaces
embedding spot-vol correlation in option deltas
skew delta
how taxes can influence option trades
taxes and options
asian options
average price options
levered silver flows
computing rebalance quantities