Narrating An Option Trade

2 years ago

I’ve been narrating my small GME trade this week through this substack and twitter. On Friday I rolled my short…

Status Symbols

2 years ago

This tweet rubbed me the wrong way. No shade to the author. He’s just making an observation. I have no…

Moontower #232

2 years ago

Friends, This tweet rubbed me the wrong way. No shade to the author. He’s just making an observation. I have…

When it’s normal to have no idea what your returns are

2 years ago

The lingua franca of asset management regardless of strategy is returns. But this is not necessarily true in trading. In my…

Riffing on Paywalls, Trading & Options

2 years ago

Gather round. Let’s just chop it up in no particular order. On Monday, I fired off an impromptu email with a trade…

Moontower #231

2 years ago

Friends, A fantastic excerpt from the Founder’s episode on The Essays of Warren Buffet: Buffet: Some part of your business philosophy…

Impedance Mismatch

2 years ago

In the notes I call The Essential Paul Graham I saved this passage: What I've learned since I was a kid is how…

Moontower #230

2 years ago

Friends, In the notes I call The Essential Paul Graham I saved this passage: What I've learned since I was a kid…

a birdie asked how to model a 1-day option

2 years ago

It’s going to shock you to hear it, but I get emailed a lot of option questions. I’ve gotten some…

What Equity Option Traders Can Learn From Commodity Options

2 years ago

GME share price started the month around $11. On Friday May 10th, it closed $17.46. Monday it was about 80%…