Newsletter Thoughts

Moontower #308

In this issue: AI scheduled task example A rare, honest trading post-mortem Sorting through the bluster of the SpaceX IPO…

1 month ago

Fair…I can see how you might think I lied

The math here isn’t the point, although you might like it if that’s your type of thing. Just stay with…

1 month ago

subway platform riddle for demographics

My older kid is getting braces in a few weeks. Based on the expected time he has to wear them,…

2 months ago

approximating gamma in your head

By now y’all know option traders have the ATM straddle approximation burned into their retina: straddle ≈ .8 Sσ √T…

2 months ago

Moontower #307

In this issue: math in the car with kids trader quick math from straddle to gamma Friends, My older kid…

2 months ago

oil options and the raw gamma paradox

The single biggest adjustment to get my head around when I crossed the chasm from equity options trading to commodity…

2 months ago

pitchfork CLAWback

You can’t swing a cat these days without hitting a prediction of what AI means for humanity. Insofar as it’s…

2 months ago

Moontower #306

Friends, You can’t swing a cat these days without hitting a prediction of what AI means for humanity. Insofar as…

2 months ago

useless NOISE

This is what ZeroHedge posted after NVDA earnings: and now NVDA is flat. straddles were pricing in 4.4% move. options…

2 months ago

Example of “measurement not prediction” in the wild

A reader replied enthusiastically to my 2-week-old post when logic and proportion have fallen sloppy dead giving me credit for calling that…

2 months ago