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.
10,263 documents
The script outlines a VIX-style calculation from options prices. It estimates a forward level from the call-put price difference at the strike with the smallest disparity, selects the adjacent strike not above that forward, and aggregates out-of-the-money…
This directory surveys software used in quantitative research and algorithmic trading across languages including Python, R, Julia, Java, and Matlab. It groups tools by task, covering numerical computing and data analysis, technical indicators, pricing and…
This Rust tutorial shows how NautilusTrader actors can consume Bybit options market data in two forms: per-contract Greeks updates and aggregated option-chain snapshots. The individual stream exposes values such as delta, gamma, vega, theta, implied…
This market note links crypto performance and options positioning to the prospect of persistently high interest rates, upcoming US inflation releases, and central-bank commentary. It characterizes Bitcoin as more resilient than Ether and reports stronger…
The document describes three common mistakes made by new options traders: buying far out-of-the-money calls without accounting for timing and time decay, relying on one strategy in every market, and trading without a preplanned exit. It explains that an…
This market recap examines BTC and ETH options during a sharp rally tied to expectations of approval for a spot BTC ETF. It tracks realized and implied volatility, term structure, call skew, options activity, and dealer gamma. The reported moves include a…
This weekly market recap discusses Bitcoin and Ether options through realized volatility, term structure, skew, trading flows, and dealer gamma positioning. It reports that realized volatility had fallen over the preceding week as prices stayed within their…
The document introduces European call and put options, defining their right to buy or sell an underlying asset at a strike price on a fixed expiry date. It frames fair option valuation through a market containing a risk-free asset, the underlying stock, and…
The document describes using historical volatility patterns to guide trading and risk decisions in BTC and ETH derivatives. It discusses a volatility cone, which displays realized volatility distributions across time horizons, and realized volatility grouped…
This market commentary surveys Bitcoin and Ether options conditions for the week of May 14, 2023. It relates macroeconomic uncertainty, Federal Reserve expectations, and recent spot-price declines to implied and realized volatility, volatility risk premium,…
This weekly market commentary reviews crypto options conditions around January 29, 2023. It interprets Bitcoin options term structure as having moved into backwardation during a spot rally, suggesting the market priced more near-term movement. It also…
The document introduces a chart for examining an options butterfly across constant maturities. It defines the structure as long one call and one put with a short position in two at-the-money options, and says users can select among several delta levels and…
The document introduces charts for comparing Bitcoin and Ethereum options implied volatility across delta levels. It describes two views: a spread calculated by subtracting Ethereum implied volatility from Bitcoin implied volatility, and a ratio calculated…
The document gives brief trading guidance from an options and derivatives trader who focuses on forwards, warrants, and turbo certificates. Its central risk rule is to avoid taking a directional position, aiming to reduce the damage a sudden market reversal…
The document discusses whether stochastic-process mathematics, including Brownian motion, still matters as machine learning becomes more common in quantitative finance. It presents several practitioner views: stochastic calculus has a stronger role in…
This overview distinguishes language generation from financial prediction, arguing that strong text generation does not by itself solve markets’ low signal-to-noise ratios, changing patterns, and limited data. It explains GPT’s development and instruction…
This weekly market note interprets Bitcoin and Ether options alongside macro conditions for the week of February 26, 2023. It describes rising bond yields and hawkish Federal Reserve expectations as pressure on risk assets, while noting that crypto had…
This guide explains how to use FMZ to access cryptocurrency options on Deribit, OKX, Huobi, Bybit, Aevo, and Gate.io. It describes selecting an options contract, retrieving market data, placing and canceling orders, checking positions, and finding contract…
This introductory article describes Ethereum as a blockchain network for payments and smart contracts, and compares its design and history with Bitcoin and Ethereum Classic. It discusses the 2016 DAO-related fork, Ethereum’s use of the Ethereum Virtual…
The document introduces the Ornstein–Uhlenbeck (OU) process as a continuous-time model for a variable that is pulled toward a long-run mean while exposed to random shocks. It explains the roles of the mean, reversion speed, and volatility, contrasts OU…
This guide explains how to use FMZ Trading Terminal plugins to support manual or semi-automated trading. A plugin runs a code snippet on a selected Docker instance and can return data tables or charts. The examples include displaying an exchange order-book…
The document describes a stock screen requiring daily price movement above a stated amplitude threshold, a nonempty name for an outstanding convertible bond, and an RSI reading below 65. It presents the bond condition as a possible signal of corporate…
The newsletter links geopolitical tension involving Iran to volatility in oil, precious metals, and risk assets, arguing that broader risk sentiment may set crypto’s near-term direction. It reviews macro events but gives greater weight to geopolitics and…
This short forum exchange raises two questions about VeighNa’s OptionMaster tool: why only certain Chinese index option products appear, and why displayed option theoretical prices differ substantially from a trading application. A reply asks whether the…