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…
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…
In the spirit of spaced repetition, I published The Gamma of Levered ETFs as an article on X. Seemed relevant…
Today is about option execution. It’s a blanket response to a host of misunderstandings I find in talking to investing…