How Markets Work

If they ban short-selling derivatives become the underlying

A reminder in the spirit of being attuned to seemingly far-fetched risks: If short selling were restricted in any way, the value of puts relative to calls on the same strike increases in a put-call parity framework. Another way to say this is being long stock is more valuable since

How Markets Work

moontower raw: things i did today and why

discussing live trades

How Markets Work

a quck thought before the week

liberation day thoughts

How Markets Work

the edges empires are built on

from probability to edge

How Markets Work

rent vs buy

should you buy or rent a home?

How Markets Work

if you have a low rate mortgage, you incinerate money when you sell

understanding mortgages

How Markets Work

Seasonal volatility

Generalizing lessons from natural gas options

How Markets Work

Eagle-eyed chart reader

why you must use log charts for looking at compounded returns

How Markets Work

seat arbitrage

seat arbitrage and stories

How Markets Work

Guest Post: Market Impact and Strategic Execution

the bid/ask game

How Markets Work

“A sale is made on EVERY call”

on the topic of professional execution

How Markets Work

case study on becoming a partner at a trading firm

a trading journey

How Markets Work

adverse selection in the option job market

thoughts for professional option traders on the job market

How Markets Work

ETF slop

ETFs for everything

How Markets Work

A Cockpit View Of Q3

Q32024

Options and Volatility

derivative "income" bumhunting

on the popular wave of option etfs