Friends, I’m visiting my family in NJ so Moontower will return August 12th. That said, today is a longer essay.…
In this issue: Slop. Counterslop. What are retail option traders up to? Hedging is for gardeners Friends, As of 7/21,…
In this issue: investing orbits present tense Friends, I save my editorializing for the section at the end today. Let’s…
In this issue: free lunches and non-tradeoffs VIX and buy signals delta-hedged risk reversals Friends, As one of my favorite…
In this issue: summer reading a bunch of option videos AI Traders? Friends, As I mentioned on Wednesday, traveling mercifully…
Friends, In this issue: streetlight effects Investment Beginnings Class 5 was a delight thoughts on the current market cycle and…
In this issue: racing to a mountaintop or just another “collection of tradeoffs” how high implied vol can work against…
In this issue: smart vs wise adverse selection when landing a senior role cost of carry as a conviction hurdle…
In this issue: The “three pitches” rule and a lazy man’s framework for getting in shape Things that popped from…
In this issue: obvious error rule broken window theory why home prices aren’t going to crash put options on CAR…