How Markets Work
a market-making project you can do today
market making exercise
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
Vol orders and discussion on option execution
A few common misunderstandings
Earnings IV Glide Path
shadow theta when an event is approaching
HOOD: A Case Study in “Renting the Straddle”
earnings extraction example
Pricing 0DTEs
intraday decay
The Coastline Paradox in Financial Markets
there's no single volatility, just as there's no single measure of coastline distance
Positive delta puts
Selling puts in squeezes
Moontower Binomial Tree Explainer
Pricing American Style options
American options are not vanilla
American options as "optimal stopping time" problems