Signal du Jour — Short Vol in QQQ
The world can’t stop watching oil. Hormuz traffic is down 90%, two more tankers took projectiles overnight, and WTI opened above $94 after the IEA’s record 400-million-barrel reserve
Trade Anatomy - Short Vol in ASHR
Two weeks ago we were pointing to an opportunity to short volatility in Chinese equities through ASHR. At that moment, the main geopolitical item on our agenda was the state
Why Iron Condors Eat Your Own Edge
The defined-risk trade that systematically destroys the richest premium on the vol surface
Gap Events Don’t Care About Your Stop Loss
Size small, put your wings on, and play the variance game.
What structure should you consider when trading volatility?
Why implied volatility is often the wrong object, and how variance pricing explains real edge in options trading
Why You Should Care About Vol-of-Vol
The metric that explains why volatility trades work... until they don't.
Volatility Isn’t a Vibe: It’s a Process
Most traders do not lose money because they lack “a strategy.” In fact, everyone has a strategy these days; the wheel, CSPs, covered calls, or the good old “little strategy
Why 0DTE Feels Like Trading but Is Nothing But Noise
The closer you are to expiry, the louder the noise.
The flaw in the "list of good stocks" logic
Edge comes from the surface, not the names