The Money Angle

a misconception about harvesting volatility

The final boss of all risk management is position sizing. Whether it’s owning tails, using stops, or hedging with anti-correlated…

1 year ago

Moontower Testimonials

Recently, I’ve been fortunate to receive some thoughtful feedback from readers in light of the different modalities (writing, video, app).…

1 year ago

the edge empires are built on

I cleaned up a thread I wrote before NVDA reported earnings Wednesday afternoon. It conveys what I was thinking as…

1 year ago

Benn Eifert returns to Odd Lots

QVR’s Benn Eifert continues to be the best translator of options to normie speak. All of his podcast interviews are…

1 year ago

if you have a low rate mortgage, you incinerate money when you sell

This post is an excerpt from the finance part of why home prices could fall with mortgage rates.  I extracted…

1 year ago

a sense of proportion around skew

Last week, we launched the Portfolio Visualizer in moontower.ai It’s a tool for using vertical spreads to make directional bets.…

1 year ago

we’ll all be selling placebos in the future

A theme that’s weirdly come up in a few unrelated private conversations with various tech foIk is how it will…

1 year ago

Seasonal volatility

On Jan 28th, one of my favorite topics came up in the Moontower Discord: natural gas options! I was asked…

1 year ago

the right bogey: trades that seem compelling but aren’t and vice versa

In value over replacement, I explained a handy feature of option theory or really derivative pricing broadly is it models important…

1 year ago

Moontower “Blaster” Tool

We talk quite a bit about how options are about volatility and looking at them with only a directional lens…

1 year ago