Risk and Edge
after this post you will be sizing bets in your head
Real-life kelly
Kris Abdelmessih
How Markets Work
a common marginal thinking blindspot
Questions traders must ask themselves
How Markets Work
futures premium cell
Futures lead the cash
Options Theory
stock-bond correlation
Implied correlation between stocks and bonds
Options and Volatility
collar shopping
High rates and vols make option hedges cheap
How Markets Work
the sound of inevitability
Post-mortem on Leopold's SALP
Options and Volatility
Workflows
Introducing Workflows
Options and Volatility
Introducing Collar Workflows
Applying the volatility lens to collar trade intents
Options and Volatility
Introducing Defensive Workflows
Applying the volatility lens to defensive trade intents
Options and Volatility
Introducing Income Workflows
Applying the volatility lens to Income workflows
Options and Volatility
hedging is for gardeners
an example of a market-maker decision to not hedge
Options Theory
become an option mixologist
All option structures are a version of 3 themes
Risk and Edge
How I Teach Middle Schoolers To Build Stock Portfolios
Basics portfolio construction
How Markets Work
investing orbits
investing from different vantage points
Options and Volatility
delta-hedged risk reversals
The Attribution Visualizer now supports multi-leg delta-hedged trades
How Markets Work
AI Traders
AI in the trading realm