The “world’s worst time traveler” investing style
Even if you know the future investing is hard
Even if you know the future investing is hard
Term Structure part 2
Using vertical spread to compute OTM option value in your head
The basics
Part 1 on term structures
One of our pro subs sent us a note this weekend: Subscriber update: I’ve had a really successful first month with my moontower built trades. I’ve just been buying cheap vol verticals and diagonals, time spreads and selling expensive credit spreads, fine-tuning with the skew screen, playing the
computing portfolio vol
A follow up on derivative "income" ETFs
Q32024
A follow up to JEPI competitors
on the popular wave of option etfs
stopping time problems
honest attribution
Learning about commodity futures
a rebalance trade idea for my portfolio
This post starts with a response to a reader question but leads to a deeper question
Options and Volatility
How realized volatility depends on sampling frequency
Options and Volatility
daily delta hedging explained
Options and Volatility
Exploring a GLD vol short
Options and Volatility
Plus some realized vol trickery
How Markets Work
understanding how your home equity changes when mortgage rates spike
Options and Volatility
isolating realized vol p/l
Options and Volatility
Delta-neutrality, sticky strike vs sticky delta and more...
Options Theory
This is part 2 of “building an options chain in your head”
Options Theory
Learning trading with SIG's Todd Simkin
News
The August 2024 VIX tantrum
On my way to Portugal, I was stuck on a plane with no internet and was thinking about hedging downside market exposure. You know, like you do when you’re stuck on a plane. I know vols are in the toilet and to use a phrase from option broker Dean
How Markets Work
How the Smart Money Teaches Trading with Ricki Heicklen
Options and Volatility
Option surfaces as a unique source of market intel
Risk and Edge
Sports gambling and a book rec
Risk and Edge
A wild phenomena
Options Theory
Probability resources