Guest Post: Tactical Impacts of 0DTE Boom
Guest Post: Derivatives specialist, Don Dale, shares key missing pieces to the 0DTE option puzzle...
Alphacution Press: Time Magazine on Peak6 Co-Founder Jenny Just
"I tell women, ‘You don’t have to be a trader the rest of your life. But if you can understand options, you can sit at any table in any industry, in any position, and understand what’s going on with the money. And that’s where all the decisions are.' "Jenny Just, Co-Founder, Peak6 This one lands a little close to home for me... Jenny Just and I were contemporaries - in both cases, our first jobs out of college; in both cases, within the equity options group - at O'Connor & Associates (OCA) in the early 1990's. Since then, we've been on dramatically different journeys, as explained in Time Magazine's recent profile "The Female Billionaire Thinks the Secret to Women's Wealth Is Poker." by editor-at-large, Belinda Luscombe... It will not mean much to most readers here, however, to be quoted in the same paragraph as "the brain" - Clay Struve - around which so much of OCA's success was built is quite an achievement, particularly from the perspective of my younger [...]
Deep Dive: European ETP Spread Analysis For Systematic Internalisers
In this 34-page, 36-exhibit, 6,400-word Focus Note, "European ETP Spread Analysis For Systematic Internalisers," Alphacution publishes its findings from the core research objectives of this project: 1) credibly quantify the theoretical "gross" spread value for ETPs traded on LSEG, 2) credibly quantify the portion of this value for SIs, and 3) illuminate or elevate any other clues about the trading preferences of SIs.
Guest Post: The VIX Is Not Broken
Guest Post: Derivatives specialist, Don Dale, offers a thoughtful case for why the CBOE Volatility Index (VIX) is not broken, despite punditry claims to the contrary. Two pearls of wisdom, up front: 1) Pundits like to complain; and, 2) Be careful what you wish for!
Guest Post: More on Year-End SPX Option Impacts
Guest Post: Derivatives specialist, Don Dale, adds his final thoughts to potential year-end market impacts caused by the mechanics of one of the most successful option overlay products in the market today; the $15 billion JP Morgan Hedged Equity Fund...
Guest Post: Santa or Grinch? Impacts From The Next Big Option Trade
Guest Post: Derivatives specialist, Don Dale, joins the Feed to explain potential year-end market impacts caused by the mechanics of one of the most successful option overlay products in the market today; the $15 billion JP Morgan Hedged Equity Fund...
Alphacution Press: CNBC on Record Option Trading Activity
Alphacution data and a quote included in the story, "Options trading activity hits record powered by retail investors, but most are playing a losing game" by CNBC reporter, Yun Li.
What is Alphacution? A Client Testimonial
Life is like "Fletcher," until you figure out where you fit into the puzzle. This client testimonial is a dividend from Alphacution's puzzle-solving pursuits...
Playback Thursday: Alphacution Participates in DTCC Active Management Event
For those interested in a discussion about the "Robinhood Effect," the "retail flow factor," and other timely topics related to a deranged and deranging stock market, a playback of the June 10th DTCC event, "Active Management and the Critical Role of Data," can be accessed herein...
A Regulatory Outlook for Off-Exchange Market Makers in the Aftermath of the GameStop Hearings
Alphacution contributor, Stanislav Dolgopolov, provides a detailed review of potential regulatory issues - including payment for order flow (PFOF), the multiplicity of roles of off-exchange market makers, and their informational advantages, among others - that may receive new scrutiny in the aftermath of the GameStop congressional hearings.
