Money Math

years worth of option education in under 90 minutes

A few days ago I got the idea to do a screencast where I use an option chain and greeks…

2 years ago

how an option trader extracts earnings from a vol term structure

Earnings are a highly concentrated source of volatility for public companies because besides reporting results they give guidance on the…

2 years ago

how to become the main character on voltwit

A reliable way to have Nassim Taleb come through your window to call you an iiiiidiot is to see a…

2 years ago

arbitrage is a hall of mirrors

Given where markets are these days, there are a lot of investors, often former or current employees and execs of…

2 years ago

another XIV brewing in crypto?

If you don’t know what MicroStrategy (MSTR) then congrats, you have won life. Close this tab and go back to…

2 years ago

Path, VIX, & Hit Rates vs Expectancy

The CBOE’s VIX index interpolates 30-day implied volatility based on options struck on the SPX index. A VIX future settlement…

2 years ago

Guest Post: Market Impact and Strategic Execution

Quant @imotw2 published Market Impact and Strategic Execution as an article on X. With permission, I'm cross-posting it here. It turns…

2 years ago

Tax-Loss Harvesting On Levered Long/Short

Real estate people understand the value of accounting losses in service of deferring taxes while an asset’s returns compound. In…

2 years ago

Option Spellbooks

When you learn a new language you ascend levels of competence. You start with everyday words and basic grammar with…

2 years ago

the option market’s point spread (part 2)

In part 1, the option market's point spread, we introduced the idea of the VRP or volatility risk premium which sets…

2 years ago