In this issue: free lunches and non-tradeoffs VIX and buy signals delta-hedged risk reversals Friends, As one of my favorite…
In a misconception about harvesting volatility, you learn that you do NOT need to scalp the gamma to isolate the vol…
Any moontower.ai subscriber can prompt our trained agent. Even if you aren’t a sub you can give it a try for free.…
In this issue: summer reading a bunch of option videos AI Traders? Friends, As I mentioned on Wednesday, traveling mercifully…
Happy summer everyone! It’s good to be back. I spent the past 2 weeks traveling with my family and in-laws.…
In a random walk where trials are independent, variance scales linearly with time. Since standard deviation is the square root…
In light of graduation season, this week’s material has been focused on a mix of inspiration and general course of…
US bond yields are rising as inflation re-enters the conversation. The 10-year yield is up to 4.65% and 30-year bonds…
I went to Catholic school for K-12. Public schools were less than good where I grew up. My kids go…
If you reside in the quark-sized intersection of people who read this letter but don’t follow the market, I’m informing…