Newton is known to have said that "The motion of heavenly bodies can be computed, but not the madness of people". That aptly fits the times we live in. Bitcoin (“BTC”) prices have rallied 40% since the start of the year despite bleak economic outlook. A short squeeze in the flagship crypto asset where $850M in short positions was liquidated in just three days is...
A long straddle is a neutrally biased setup that is intended to take advantage of a large move in an underlying either to the put or call side and consists of an ATM long call and an ATM long put. Given the fact that the market will either move up or down (potentially violently) in response to the outcome of the Brexit vote, you'd think that this would be an...
Partly out of boredom and partly out of curiosity, I'm initiating a gamma scalping setup here. There are variations on the initial setup, but they usually begin with a long strangle with the long put and long call at the money and at the same strike, with their respective deltas cancelling each other out. As price moves, the notion is to balance out negative or...