Newsletter Thoughts

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

the math of investing

As I’ve shared here before, I spun up an investing class for middle and high school kids locally. I am…

2 months ago

Moontower #305

In this issue: The math of investing moontower as a “bridge” Friends, The money sections are full of education today,…

2 months ago

the moontower bridge

I sent this to our moontower.ai list this week: If you run a trading or investment book that uses options…

2 months ago

links between options and event prediction markets

Oil vols and calls skews were up a lot this week as the expectation of the US striking Iran increases.…

3 months ago

a downside of trading careers

Ex-SIG quant trader, friend of the Moontower, fellow Substacker Whirligig Bear and prediction market enjooooyer Andrew Courtney went on the Odds On…

3 months ago

Moontower #304

In this issue: white rabbit a downside of trading careers oil options, Iran, Polymarket Friends, I’ll be short up top…

3 months ago

sticky vs floating strike

Last week, in embedding spot-vol correlation in option deltas, I showed how vol paths use anticipated changes in implied vol as the…

3 months ago