Money Math

links between options and event prediction markets

Oil vols and calls skews were up a lot this week as the expectation of the US striking Iran increases.…

2 months ago

sticky vs floating strike

Last week, in embedding spot-vol correlation in option deltas, I showed how vol paths use anticipated changes in implied vol as the…

2 months ago

embedding spot-vol correlation in option deltas

Before we get to the heart of today’s education, this is a video follow up to yesterday’s HOOD: A Case Study…

2 months ago

how taxes can influence option trades

I bought June/Feb13 put calendar in SLV a few weeks ago when the vol spread inversion went nuclear. That was…

3 months ago

Levered silver flows

In the spirit of spaced repetition, I published The Gamma of Levered ETFs as an article on X. Seemed relevant…

3 months ago

Vol orders and discussion on option execution

Today is about option execution. It’s a blanket response to a host of misunderstandings I find in talking to investing…

3 months ago

Earnings IV Glide Paths

I want to expand briefly on Wednesday’s HOOD: A Case Study in “Renting the Straddle” because HOOD’s implied volatility that contains earnings…

3 months ago

HOOD: A Case Study in “Renting the Straddle”

On Monday, I noticed that Robinhood ($HOOD) vol screened cheap in the Trade Ideas tool. But that tool uses 30-day constant maturity…

4 months ago

Pricing 0dte’s

On the last day of November, Kevin bought a bunch of cheap SPY options about 10 minutes to the close and scored.…

4 months ago

The Coastline Paradox in Financial Markets

I started researching/writing this post about a month ago. It took a strange arc. It began with me wondering about…

4 months ago