Forky (Source: Pixar Animation Studios) Shazaam! You snap your fingers and COVID has disappeared, you can exit lockdown and continue on with your life. How do you feel? Are you as optimistic as you were in January? Do you trust your government to put your health and safety first? Do you trust your government to...Read More
Bananas in Pyjamas (Source: Australian Broadcasting Corp) Tuesday, March 3rd I’m in my jammies at an urban ryokan in Tokyo about to PTFO. Before I descend into dreamscape, I must call my banker and attempt to place an investment grade index CDS (credit default swap) trade. Unlike crypto, I can only trade this index during...Read More
The above image has nothing to do with options. But it’s deep into ski season, and I’m loving the powder. I already spent a few thousand words talking about the crypto derivatives market structure. Now, let’s talk about 2020. Crypto Derivatives 2020 Roadmap While speculators’ needs are well met via the crypto delta one products...Read More
These are the three questions any self-respecting crypto punter asks themselves: When moon? When Lambo? When liquid options? If I knew the answers to questions 1 and 2, HDR Long Term Capital Management would not be a figment of my imagination, but a fee-guzzling hedge fund posting returns that rival Renaissance Technologies. By the way,...Read More
