Sunblock stock (SUN) makes 10% in a sunny year. Loses 2% in a rainy year. Umbrella stock (RAIN) loses 2% in…
Overpriced Or Just Overpriced In Isolation ☀️Sunblock stock (SUN) makes 10% in sunny year. Loses 2% in rainy year. ☂️Umbrella…
During an interview with Ted Seides, investor Andrew Tsai recounts an internship at the well-known trading firm Susquehanna in the…
Here's a mock trading game I learned as a trainee to simulate futures and options market making. This game was…
I got into options trading straight out of college. In 2000, the option exchanges were bustling. The Amex in NYC…
In this post, we will learn what it means for a position to be convex with respect to volatility. In…
Unless you are a bond or derivatives trader, the term "convexity" usually just makes you want to say "beat it,…
Options are derivatives. They derive their value from how the underlying actually moves as well as the market's perception of…
I was chatting with a quant friend who was bouncing an options idea off me. In the course of the…
Revisiting A GENTLEMAN’S PRIMER ON SHORTING tweet My friend and former colleague Jason took exception to the viral tweet I referenced last week…