Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
11 documents
This tutorial shows how to adapt FMZ’s futures-oriented interface for basic cryptocurrency options operations on Deribit. It introduces expiration, strike, premium, and call versus put concepts, and notes that options may have wider bid–ask spreads and…
This introductory article describes a backtesting setup for European Bitcoin options on Deribit and explains how option contracts are identified by underlying asset, expiry, strike, and call or put type. It presents a short call combined first with a long…
The document introduces option sensitivities—delta, gamma, theta, and vega—and describes a delta-neutral options strategy using futures to hedge Deribit option exposure. A long call, for example, is initially offset with a short futures position. As the…
This article addresses how to choose an options contract after forming a directional view. It proposes comparing contracts across strikes, expiries, implied-volatility valuations, and execution conditions, pooling candidates from Deribit, Binance, and OKX.…
This research examines dynamic delta hedging for Bitcoin options using adjustments informed by the implied volatility smile. It compares standard Black–Scholes delta with several smile-based and locally parameterized alternatives, including methods designed…
This educational article introduces dynamic delta hedging for cryptocurrency options. It reviews the main option sensitivities: delta to the underlying price, gamma to changes in delta, theta to time decay, and vega to implied volatility. The central method…
The document explains how a trading platform wraps common exchange operations for digital asset options. It contrasts direct Deribit API access, which requires HTTP requests, JSON parsing, and request signing, with a platform interface that selects an option…
This document shows how to adapt a futures-oriented trading platform interface to basic cryptocurrency options operations on Deribit. It introduces expiration, strike, premium, and call or put concepts, and notes that options can have less liquidity and…
The article introduces programmatic access to digital currency options through a quantitative trading platform. It compares making a direct public API request in a general-purpose language with using a platform interface that treats an option contract…
The document introduces a backtesting system for European-style Bitcoin options and explains how option contracts are identified, priced, traded, and monitored alongside spot or futures positions. Its examples sell a call while buying spot or futures, then…
The document presents a contract-selection process for directional crypto option trades across Deribit, Binance Options, and OKX. It standardizes contract prices, forwards, Greeks, implied volatility, and liquidity data before comparing candidates. Four…