Options and Volatility
Narrating An Option Trade
Stepping thru my GME roll
Options Theory
Options and Volatility
Breakpoints
Gridpoints on the vol surface
Options and Volatility
“Renting A Straddle”
When event pricing hides extremely cheap trading day volatility
How Markets Work
When Car Leases Offer Options For Less Than Zero
Back out the option premium from a car lease
Options and Volatility
A birdie asked how to model a 1-day option
Thoughts about pricing 0DTEs that respect how volatility unfolds
Options Theory
Socratic Puzzles To Build Your Financial Intuition
Puzzles to build fundamental trading logic
Options and Volatility
If you annualize volatility with 252 days can you use that number in a 365-day option model?
Why all implied volatilities are "wrong"
Options Theory
A Visual Primer For Understanding Options
A visual mapping of the greeks
Options Theory
A Visual Appreciation For Black-Scholes Delta
Seeing delta from a new angle
How Markets Work
Bridge of Asses
The replication mindset is the key to upgrading your financial thinking
Options Theory
The Beauty of Option Theory
On a talk I gave about the value of option thinking
Options Theory
You Think You’re Trading Vol...But Are You Even?
The implied volatility you think you're trading technically depends on your actual funding costs not the ones inherited from the marketplace.
How Markets Work
Battle Scars As A Call Option — The UNG Experience
A case study in oblique risk
How Markets Work
Insights From The Warrant Puzzle via Financial Hacking
Financial Hacking is one of the best books applying intuition to common problems in trading and investing
Options Theory
Mock Trading
A game inspired by mock trading
Options Theory
Understanding Implied Forwards
Learn how to compute the the volatility between 2 expirations