Posted:
May 7, 2022
The Fed Won’t Save Us From Stagflation

No need for a coffee – this one’s easy. In this post, you’ll get a solid understanding of inflation and stagflation. You’ll learn: How Fed can cause inflation. How the growth/inflation relationship can break. Current stagflation drivers. Fed’s failure to fix it . Last week the US GDP reading came at a negative 1.4%. Along […]

Learn more
Posted:
April 21, 2022
What Does the Options Market Say About the Stock Market?

What does the options market say about the stock market? Despite the negative sentiment and risks, investors don’t seem to put their money where their mouth is. Due to little demand, hedges are screening cheap, and vol sellers are coming back. Here’s what I’m looking at 👇 Market isn’t expecting tail events into the next […]

Learn more
Posted:
April 19, 2022
Six Reasons for a Strong Dollar

So what’s going on with the dollar? Wasn’t it collapsing under the weight of inflation and recession, soon to be replaced by the RR (Renminbi-Ruble) currency system? Despite many arguments for a weaker USD, the dollar index $DXY actually gained 10% over the last year. How so? I asked this question on Twitter and want […]

Learn more
Posted:
April 5, 2022
Keep Calm and Carry On.

“Keep calm and carry on.” – that’s the motto of this market right now. +0.81% on the SPX today, and the risk-on is in full swing this spring. Flashbacks of 2021 are all over the place – tech, growth and crypto are all higher in the last few weeks. Even though only half of S&P […]

Learn more
Posted:
March 11, 2022
Why is VIX Underperforming, Inflation Print and Upcoming Fed Meeting

Quite an eventful day today. First, it’s interesting to see a -0.4% down move in $SPX accompanied by a lower $VIX. Historically, it’s not often that $VIX loses 2 pts on a half-percent sell-off in $SPX. It still sits >30, implying daily 2% moves in $SPX. If $SPX realizes anything less than that, it should […]

Learn more
Posted:
February 3, 2022
How to Calculate Gamma Exposure (GEX) and Zero Gamma Level

Are you tired from constantly living in the dark, fully unaware of the current Gamma Exposure? Are you frustrated from having to guess the Zero Gamma level ALL THE TIME? Are you annoyed from not knowing what the f*ck all of this even means!?! I know, I was. Hello, my name is Sergei. And today, […]

Learn more
Posted:
January 20, 2022
What is Gamma Exposure and Why Should Equity Investors Care?

TO ALL EQUITY PMs: YOU MAY NOT BE INTERESTED IN OPTIONS, BUT OPTIONS ARE INTERESTED IN YOU! $SPX options make up 16% of the $SPX market cap! Options gamma is one of the most significant structural flows within the equity markets. Let’s explore how it impacts your business. Options are often linked to insurance. And […]

Learn more
Posted:
October 29, 2021
Kinks on the Curve

It’s not always that you get a nice and smooth yield curve. Sometimes there are kinks. Embedded in those kinks is a wealth of information. For example, what does a kinky yield curve tell us about the interest rate expectations? Well, let’s have a look 👇 So last Friday, I decided to spend my evening […]

Learn more
Subscribe to our newsletter
We're got so much more exciting stuff coming up and we'd love to tell you about it.
Also follow us in social networks: