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 [...]
Simplex Trading: Speed Bump? What Speed Bump?!
Alphacution assembles new evidence related to option market maker, Simplex Trading
Market Terraforming: Zero-Day Options Alter Landscape
Alphacution showcases a subtle yet important impact of the explosive zero days to expiration (0DTE) phenomenon in US equity option markets...
Shape Shifter: US Retail Investor Behavior
Alphacution presents new perspectives on US retail investor behavior in equity options...
Virtu’s Option Market Making: The “Record Year” That Wasn’t
With the latest data in hand, Alphacution follows up on Virtu's claim of "another record year in options market making in 2022."
About Virtu’s “Record Year” in Options Market Making
Virtu's "record year in options market making" claim is not possible in terms by which real option market makers operate...
IMC Overtakes SIG
Alphacution drops a few bars and a few charts framing IMC Financial Market's significant achievement in option wholesaling...
Simplex Trading Disappears From Option Wholesaling
With the latest data in hand, Alphacution updates its analysis of troubled option wholesaler, Simplex Trading...
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!
