Levered ETFs have to buy highs and sell lows as they rebalance in order to maintain their target leverage. This behavior has negative expectation...
To assume I feel this way just because I've made money is not correct. I assessed the credit risk, was willing to start small, and organically...
To each their own. I've found a lot of success in trading these exchanges. To the point where I've turned over my initial capital several times...
Well I think the estimates for probability are being estimated too high based on the sentiments of the thread. I may be wrong, but I'm fairly...
So you're advocating for retail traders to market make in ES futures? I don't think there is a more competitive game out there. You have latency...
Yea, in practice I've seen them set a baseline volatility based on realized, events, etc and then would adjust their implied around the baseline...
I think the level of risk being assessed here is way too high. There are many exchanges that are reputable and have real volume. In fact, TT is...
There are many ways of hedging. For example, in ETF arbitrage, one "leans" on a more liquid ETF and quotes the wider/less liquid ETFs on the same...
A huge part of a market making strategy is to have an adversity model that can assess the likelihood of an incoming order having alpha (adversity)...
As a professional market maker, I am certain that buying this manual is a bad idea. Here's why: - The futures markets are already dominated by...
I work in a professional trading setting and this was never the case in my experience. Many trades require shorting and locating equities and we...
How about this? If we assume that saying UVXY is a "derivative" of the VIX index: SPX components (stocks) ---> SPX index ---> SPX options --->...
Just wanted to add that I read that Reuters link. I get the whole "real wealth/asset" argument. But to be honest it feels very synthetic. In...
You can take d(NAV of ETF)/d(Underlying Index) to be the delta of an ETF to the underlying (just like a Greek). In general I don't think that it...
I think you have a very different definition of mean reverting than most common usages. Reversion to the mean describes a statistical phenomenon...
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