In this issue: AI leaves the hardest problems to humans The triggering implication of arbitrage theory options rapid fire Nine…
Tweets Before we get to today’s meat, here are 2 threads spurred by oil’s advance yesterday. Delta is God…
The “Bridge of Asses” 📺Option Pricing Explained: No Arbitrage + Financial Mathematics from a Quant | 52 min watch Doug Costa (SIG…
I was at the Collective meet-up in Menlo Park this week (this was the 3rd time I’ve attended and it’s always a…
About 15 years ago, I read Drew Magary’s sci-fi novel The Postmortal. The book imagines a society that has created…
Recall the levered silver flows post where we see the quick math of levered ETFs. For a fund to maintain its mandated…
In this issue: post-privacy: musings as we hear more about Mythos and quantum computing N² - n: why shorting is…
What did we notice? a * b = Mean² − MAD² (where MAD = mean absolute deviation) As soon as…
We’ll start with some useful resources for the learners, then move to material for traders ready to do stuff. CME…
“Vega wounds, gamma kills” is an esoteric expression that’s still common enough that you can google it and return a…