The Money Angle

When it’s normal to have no idea what your returns are

The lingua franca of asset management regardless of strategy is returns. But this is not necessarily true in trading. In my…

2 years ago

Riffing on Paywalls, Trading & Options

Gather round. Let’s just chop it up in no particular order. On Monday, I fired off an impromptu email with a trade…

2 years ago

a birdie asked how to model a 1-day option

It’s going to shock you to hear it, but I get emailed a lot of option questions. I’ve gotten some…

2 years ago

What Equity Option Traders Can Learn From Commodity Options

GME share price started the month around $11. On Friday May 10th, it closed $17.46. Monday it was about 80%…

2 years ago

Weighting An Options Pair Trade

An option trader pinged me about a trade between a correlated pair of names whose IV ratio was trading at…

2 years ago

“Renting A Straddle”

This week, moontower.ai announced several free option calculators with more to follow. 💡These are embeddable so you can add them to your…

2 years ago

When Car Leases Offer Options For Less Than Zero

Car leases are said to be “an option to buy”. Put-call parity is the most important concept to understand about financial options.…

2 years ago

Using Options Better

While a successful volatility trader’s edge is in discerning relative value between options, they are agnostic on the direction of…

2 years ago

Mermaids, Fireflies, and the Bid-Ask Spread

A reader asks: Do you have any insight into the activities of market makers when they act as authorized participants…

2 years ago

Life Settlement Arbitrage

A guest post showing how "markets find a way" My friend Rajiv Rebello has helped both my family and extended family navigate…

2 years ago