The Landscape of Risk and Volatility
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IVolatility
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Futures and Options Trader at the Chicago Board of Trade
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Fools and Dead Men
The S&P500 closed today just north of the 2000 millennial mark, making today the 10th consecutive day that the markets have wrestled wit...
How are US Treasury Bonds and the Dollar Correlated?
I have the pleasure of working with many talented traders within the Chicago Board of Trade. Among them is my mentor, a former market maker ...
Fear and Loathing in the VIX
The VIX closed at 16.95 today with a 30-day forward looking implied volatility of 97.30. A far move from earlier this month where the VIX t...
Catching a Falling Knife
It looks like volatility is back. The S&P500 traded within a 19-point range today, seeing highs near 1977 and lows near 1958. The day cl...
Summer Into Fall
The S&P500 closed just south of 1978 today after trading within a 15-point range. We saw a strong late-day 10-point rally which nearly d...
How War is Waged Through Finance (Or The Politics of Crude Oil)
The market tends go where the least amount of participant expects it. And of course in mid-2014 crude oil started slipping just around the t...
In a Perfect World
One cannot simultaneously be a trader and a market ideologue. Of course, we all have our biases about how the markets "should" beh...
Atlas Shrugged
The S&P500 has shrugged around the 2000 level for a full week, which discounting the Labor Day weekend, translates to five full trading ...
So What Now?
The fat lady finally sang last Friday when $BABA was unleashed onto NYSE. Shares rose as high as 33%, pushing up the S&P500 to an all-ti...
Visualizing Risk and Volatility: A Catastrophic Approach
"I like this concept of “low volatility, interrupted by occasional periods of high volatility”. I think I will call it "volatili...
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How War is Waged Through Finance (Or The Politics ...
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