What’s your delta, Delta?
Self-directed traders and investors do not need to look far as they educate themselves about options to encounter “The Greeks.” These metrics gauge how sensitive an option’s price is to…
There’s Something Skewy Going On in IBIT
Options skew refers to the difference in implied volatility (IV) across various strike prices or expiration dates for options on the same underlying asset. It reflects the market's perception of…
“Sometimes I wear stretchy pants for fun.” – Nacho Libre
Last October 24th, I highlighted a pair trading opportunity. Long Lululemon uses a long call spread, the March 28th weekly $280/$330 call spread, and short Nike uses a March 28th…
Does gold provide protection against an interest expense bomb?
The FOMC may have left rates unchanged, as expected, but they reduced their estimate for economic growth from an already modest 2.1% down to 1.7%. At the same time, they…
Can Microstrategy’s Outperformance Continue?: MSTR
Heralded as the flagship cryptocurrency, Bitcoin disrupts traditional finance as a decentralized, borderless currency immune to government control or inflation. Its fixed supply of 21 million coins—capped by code—positions it…
Costco Wholesale Fell Post Earnings. It’s Still No Bargain.
Investment Research Report: Costco Wholesale Corporation (COST) Company Overview Costco Wholesale Corporation (NASDAQ: COST) operates a global chain of membership-only warehouse clubs, offering a wide range of branded and private-label…
Sharp Fiscal Cuts Reduce Inflation, But Increase Recession Risk
Government waste, fraud, and abuse, combined with the sheer size of government, contribute to higher costs and inflation in several interconnected ways. Wasteful spending diverts resources from productive uses, whether through…
Anxiety is rising, and that’s not great for equities.
The VIX measures the market’s expectation of volatility over the next 30 days as implied by a weighted strip of SPX Index options. When investors are nervous, options premiums, and…
Strategic Crypto Reserve
Through Friday, bitcoin had fallen 28% from its intraday highs on January 20th. This swoon mirrored the post-election rally between early November and mid-December when the crypto trade soared on…
Strap on a Pair (of Put Spreads)
Pairs trading is a market-neutral strategy that involves buying one asset while shorting a related asset to profit from temporary pricing divergences. Typically, traders select two highly correlated assets—such as…