🔗The Meta Of Market Efficiency Select posts:Understanding EdgeThe “No Easy Trades” PrincipleMeasurement Not PredictionInvesting Is Biology Not PhysicsDinosaur MarketsThe Juicy Stuff Doesn’t Hit The PitThe Paradox Of Provable Alpha 🔗The Risk and Math of ReturnsSelect posts:The Volatility DrainPath: How Compounding Alters Return DistributionsWhere Does Convexity Come From?Why Volatility Still Matters To Buy-And-Hold InvestorsSolving A Compounding Riddle With Black-ScholesFrom CAPM To HedgingIf You Make Money Every Day, You’re Not MaximizingIs There Actually An Equity Premium Puzzle?Examples Of Comparing Interest Rates With Different Compounding IntervalsWell What Did You “Expect”?Geometric vs Arithmetic Mean In The WildUnderstanding Log ReturnsThe difficulty with shorting and inverse positionsIntraday Breakout Riddle 🔗Portfolio Theory Is Not IntuitiveSelect posts:Your Portfolio Intuition Is PoorBet sizing Is Not IntuitiveWhy You Don’t Get Paid For Diversifiable RisksYou Don’t See The Whole PictureGetting Paid To Flip Million Dollar Coins My grandma is $24.05 bid, stop embarrassing yourself 🔗Options and VolatilitySelect posts:Straddles, Volatilities, and Win RatesHow Options Confuse Directional TradersStructuring Directional Option TradesUsing The TSLA Price Endgame To Understand OptionsOn Delta HedgingUnderstanding Implied ForwardsA Socratic Dissection Of An Option TradeWell What Did You “Expect”?Using Log Returns And Volatility To Normalize Strike DistancesPractice Pricing Options By HandThe Snake Eyes OptionInsights From The Warrant Puzzle via Financial HackingFinancial Hacking: ETF vs Negative Oil FuturesUnderstanding Variance TimeWhat We Can Learn From Vertical SpreadsCovered Calls Are Still Just A Vol TradeShort Where She Lands, Long Where She Ain’tUnderstanding Risk Neutral ProbabilityThe Intuition Behind The Black Scholes EquationThe MAD StraddleBridge of Asses 🔗Option GreeksSelect posts:Lessons From The .50 Delta OptionWhy Option Traders Focus On VegaFinding Vol ConvexityUnderstanding Vega RiskMoontower On GammaA Visual Appreciation For Black-Scholes Delta