By now y’all know option traders have the ATM straddle approximation burned into their retina: straddle ≈ .8 Sσ √T…
The single biggest adjustment to get my head around when I crossed the chasm from equity options trading to commodity…
A reader replied enthusiastically to my 2-week-old post when logic and proportion have fallen sloppy dead giving me credit for calling that…
As I’ve shared here before, I spun up an investing class for middle and high school kids locally. I am…
I sent this to our moontower.ai list this week: If you run a trading or investment book that uses options…
Oil vols and calls skews were up a lot this week as the expectation of the US striking Iran increases.…
Last week, in embedding spot-vol correlation in option deltas, I showed how vol paths use anticipated changes in implied vol as the…
Before we get to the heart of today’s education, this is a video follow up to yesterday’s HOOD: A Case Study…
I bought June/Feb13 put calendar in SLV a few weeks ago when the vol spread inversion went nuclear. That was…
One of the traders in our Discord was discussing exotic options in commodities markets. The topic of APOs or “average…