Product knowledge is one of the first rules about trading derivatives. As a trader I spent a lot of time trading names that I grew to be very familiar with.
Credit Suisse TVIX Crashes to Record Low Price
read more
Is a Hedged Market a Bull Market?
Every talking head on the planet is talking about how .low'the VIX is. The truth is, the VIX is not low at all.
Ball of Confusion?
The SPX juice is in a "ball of confusion" right now as premiums are going in different directions all at once.
What the Heck Is Going On in the TVIX?
When it comes down to it, derivative financial products are just, well, derivative financial products. There is nothing physical about them.
AAPL's Flying Days Almost Over?
Now, let me be clear about this, this is not an analysis of the long term viability of AAPL, whether it is going to 200 or 1000. This is going to be a piece on the short term (less than 3 weeks) future of AAPL.
Follow the Trade as the Last Risk Trade Starts to Fade
On a day when the market ripped for no particular reason (I was hoping this would have happened Friday), I think it is instructive to revisit the trade idea I had suggested that day.
Greek Crisis Ends With a Thud, but the Volatility Collapses for Good Measure
So the CDS event for Greece happened, and the buildings are still standing, and the sun is still shining.
The Difference Between a Trade and a Position
What makes a trade, and what makes a position?
Why Overnight Risk is Huge: Even Down Days are Boring
Yes, it appears that there is fear in the market again. However, I would argue that today was utterly boring, if I were to look at the way the market moved.
ZNGA Goes Hard To Borrow
As the market winds up for the big Facebook IPO, the other Social Networking stocks are showing signs of a strain. This
Directionally Challenged
Since we have been posting about the VIX and SPX curve for what seems like an eternity I thought it would be nice to explore another part of the market.
What the Market Is Buying
While the Euro Zone rushed to put the finishing touches on an agreement to loan the Greeks more money Tuesday morning, a funny happened in the market.