asian options
average price options
Vol orders and discussion on option execution
A few common misunderstandings
“markets vs democracies” in the wild
votes vs money-weighted votes
"trader" is a uselessly broad term
key differences between retail and institutional traders
Spooky? Jeff Yass on Prediction Markets
Jeff Yass on prediction markets
vol trading is easier than directional trading
every industry has its challenges
so you're interested in trading
resources for beginners
my read on the market from the option lens
Commentary on the current market
the GFC through a quant's eyes
the subprime crisis from both real-world and quant perspectives
"turds floating to the surface before the flush"
liquid and levered lead while illiquid and indirect lag
how I sold cotton at an all-time high
The cotton market as a unique example of when derivatives become the underlying
etf fair value
etf NAV and BTC
If they ban short-selling derivatives become the underlying
A reminder in the spirit of being attuned to seemingly far-fetched risks: If short selling were restricted in any way, the value of puts relative to calls on the same strike increases in a put-call parity framework. Another way to say this is being long stock is more valuable since only long sellers can sell. If puts increase relative to calls on the same strike, as they do when borrow costs increase, that is like a synthetic future on the stock trading at a discount to the stock price. Simil
moontower raw: things i did today and why
discussing live trades
a quick thought before the week
liberation day thoughts
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