#VAnna

1/x The window we have been targeting for 2 months has officially opened... i Can not imagine a more textbook display of the power of Vanna at expiration as we
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1/xThe party’s almost over. But you’d never know it. Nobody wants to go home...It’s been a hell of a party, but I won’t be sticking around much longer. As discussed,
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Now that I've gotten that out of the way, I need to fire up another powerful twitter thread. This time being on the topic of Social Media Apps.I'll explain more
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How are systematic strategies affecting equities today?As far as I can tell, many are dead pressure at the moment.e.g. Here’s a dashboard I whipped up of S&P 500 allocation sensitivity
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1/x It took an extra day & an extra whipsaw to lose the weak longs, but as I reiterated yesterday, & as you saw again at EOD Fri + now
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Lol, as if Buddhists don't have social divisions and the so called upper-class supremacy. There have been 28 Buddhas, till now. There's not even a single Buddha, who was from
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How S&P inclusion bursts the Tesla bubble:Ever since June (at $200/share), Tesla stock has been driven by a perpetual motion machine of hype and call option flows -- nothing more.
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Gamma-Theta-Vol triangleThe entire concept of volatility trading can be simplified into a triangular relationship between Vol-Gamma-Theta.Although it might seems oversimplifying a rather complex dynamic of option trading, your realized pnl
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Options greeks ranked from worst to best, by someone who doesn't really understand options.10. Rho -- worst sensitivity, very boring, mostly ignored except by people trading very long maturities (who
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1/xToday’s market action was generally constructive as WE GOT THE CORRECTION IN TIME WE PREDICTED... That said, we continued to have a nasty rotation beneath the surface, which has kept
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1/x No loooong treatise tonight. 1 important observation today....& just 1 important item to watch for tomorrow: OBSERVATION: for the Nth day,despite earlier attempts to do something meaningful in SPX,
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Options used to be close to irrelevant for bitcoin's price.Until now.At current price levels, hedging large option notionals has a major impact on price.Here's a quick thread on options
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How the Game Ends-We're all aware stonks only go up, and that's mostly due to the dynamics of how a call skew works. While put skews work the same way
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Autocallables - a long rant/thread If there’s any financial product that I think should be un-invented, and any proponents thereof taken to the back of the woodshed, it’s autocallables. I
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On the eve of another @ALeague season, here are our predictions…[A thread]#SokkahPredictions 1. A record number of podcasts will be released about Australian Football. While the last two full-time football
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1/n Today, shorting GME was the biggest drawdown I’ve ever had. Here’s what went wrong and what I can do better next time. I’m not proud of a big loss,
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