Navigating The Calm Before Earnings in NFLX
Netflix volatility looks like a calm sea. Realized vol has collapsed from its spring storm into a late-summer drift. Skew is soft, vol-of-vol is neutral, and the 9-day window offers
Beneath the surface - TSLA round down
Tesla’s volatility profile has quietly shifted over the past few months. Not with the fireworks of an earnings miss or a tweetstorm selloff, but in a subtler, structural way.
Trade #1 in 2025 - skew signal in UNG
First of all, we wish you a very happy 2025! May health, happiness, and steady profitability guide you through what promises to be an eventful year. We’re honored to
The VIX/SKEW matrix to build sharpe 2+ strategies.
The word skew generates so much fantasy in the trading psyche that I tried hard to avoid it. Yet, sometimes you have to call a cat a cat, as we
A deeper dive into our approach to volatility trading
The price action yesterday was fairly depressed throughout the day, particularly at the end of the session when intraday realized volatility skyrocketed. Many attributed this to month-end flow. That'
Using mean-reversion in volatility to trade 0 DTE
A word of caution to begin with - this publication doesn't aim to become a 0 DTE specialist. There are people much more talented at that than we
Digging into the overnight trade
Since we published our article on how overnight volatility in 1 DTEs was overpriced when the market was rushing for hedges, VVIX has closed above 90 almost consistently. As a
Finding tradable edges in 0 DTEs
0 DTE. They have taken the world by storm and transformed the market’s landscape forever. Some say they've broken the VIX. That's up for debate.
NFP Shopping List
It's already Thursday, and it is time to visit the grocery store. Not to buy anything, no, but instead, to sell overpriced straddles to fund managers. Today is