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.
8,116 documents
This market note summarizes changes in Bitcoin and Ether derivatives conditions. It reports that implied volatility had eased from April levels, BTC had stabilized above $90,000, and BTC futures yields had fallen to 4% from 8% at the start of the month.…
This weekly market note compares Bitcoin and Ether derivatives using at-the-money implied volatility term structures, 25-delta risk reversals, perpetual funding rates, and futures yields. It reports that ETH short-dated implied volatility briefly produced an…
A call calendar spread pairs calls on the same underlying asset and strike, with different expirations. The described long version sells the nearer-dated call and buys the farther-dated call, usually for a net debit. It is intended to benefit when the…
This institutional exchange recap introduces an on-demand liquidity network that automates off-order-book trade execution and settlement, along with a loan pool offering eligible clients dedicated margin. The product descriptions point to execution and…
This beginner guide explains core crypto trading concepts, including long and short positions, realized and unrealized gains or losses, and the difference between short-term trading and long-term investing. It describes spot markets, derivatives, trading…
The document introduces Bitcoin’s April 2024 halving and explains how the scheduled reduction in block rewards may affect supply expectations, miner economics, and trading sentiment. Its main focus is three options structures for different outlooks: a bull…
The article examines Bitcoin’s October 2023 rally using spot-market activity, order-book depth, derivatives positioning, futures open interest, investment-product flows, and on-chain activity. It reports that price and spot volume rose while BTC spot…
The document explains options expiry as a potential source of trading activity and volatility in Bitcoin and Ethereum. It introduces maximum pain, the strike level where the most contracts would expire worthless, and put-to-call ratios as indicators of…
The article surveys Bitcoin market themes, emphasizing spot ETF inflows, institutional and large-holder accumulation, and declining Bitcoin balances on centralized exchanges. It argues that ETF access can broaden participation and that lower exchange supply…
This article reviews challenges facing retail traders in India’s derivatives and options markets, including taxes and brokerage costs, limited access to advanced tools, gaps in options knowledge, and emotional decisions. It explains how transaction costs…
The document explains the Fear & Greed Index as a summary measure of investor sentiment, with separate versions for traditional markets and crypto. It describes the CNN index as combining seven indicators and the crypto version as drawing on factors such as…
The document surveys several forces affecting crypto markets, including Bitcoin and Ethereum price movements, options expiry, institutional investment, altcoin performance, stablecoin-focused projects, and decentralized finance activity. It explains that…
This announcement describes an exchange partnership that gives OKX users access to SignalPlus options analytics. The platform combines pricing analysis, liquidity aggregation, and market data with tools for executing multi-leg orders, testing profit and loss…
The document explains how an exchange unified account combines spot and derivatives trading in one account, and how different margin modes determine whether positions can share collateral and offset profit and loss. Simple mode has no margin trading;…
The document explains Bitcoin’s recent price action through a combination of macroeconomic context, institutional flows, derivatives activity, and technical levels. It links a Federal Reserve rate cut with a rally and identifies a narrow consolidation range,…
This market commentary describes how macro-linked spot volatility affected BTC and ETH derivatives. It reports that BTC’s volatility term structure moved back toward a normal shape, while ETH’s remained inverted. During the bearish spot move, futures implied…
This event recap summarizes several crypto trading approaches presented at a Dubai summit. The methods named include options as a way to express non-linear views, a day-trading system based on three techniques, confluence-based setup selection, and trend…
The document describes a speculative rally narrative built around fear of missing out, options positioning, large holder activity, and chart patterns. It treats rising call demand and call skew as signs of bullish sentiment, and links interest in…
The document explains how a prolonged period of higher interest rates may affect cryptocurrency markets and institutional portfolio decisions. Higher rates can make safer assets more attractive and raise discount rates used to value assets with expected…
The article describes Metaplanet’s plan to build a large Bitcoin treasury, fund acquisitions through share offerings and bond issuance, and establish subsidiaries in the United States and Japan. It presents Bitcoin as a potential hedge against yen…
The announcement describes an institutional trading infrastructure integration for access to digital asset derivatives markets, including futures, perpetuals, and options. It outlines execution and order-management tools such as time-weighted average price,…
The article explains crypto options as contracts that give the buyer a right, but not an obligation, to buy or sell an asset at an agreed price by expiry. It contrasts them with futures, which create an obligation, and notes that options require an upfront…
The document surveys leverage and potential liquidation pressure across Bitcoin, altcoins, Ethereum, and XRP. It identifies a $120,000 Bitcoin resistance level and a possible $144,000 target if that level breaks, while noting consolidation or a pullback as…
This guide explains how leverage increases both market exposure and the potential for losses, including liquidation when prices move against a margined position. It distinguishes futures, options, and swaps, then compares perpetual contracts, which have no…