The S&P 500 fell 0.25% while its equal-weight version fell 0.75%. Implied correlation did not move and rate volatility set a ...

The index barely moved yesterday. The average stock in it fell three times as much, and the option market is charging less than usual for the difference. Our outlook for Q4 as the market backdrop ...

Summary: Today, the USD situation, a brief central bank round-up after SNB, Norges Bank and Riksbank met yesterday, and whether it is time again for the JPY to take a stand after recent key levels ...

Summary: Anyone who has bought long-dated government bonds since 2020 has probably lost money on them. Selling a cash-secured put on TLT is a way of naming the price at which you would be willing to ...

Bond volatility set a fresh high in our record while Treasury yields barely moved and the VIX sat on its own median.

Summary: The US dollar followed through stronger after a bout of range trading, with anticipation of a higher FOMC rate path and possibly enthusiasm for US tech stocks as key drivers. Elsewhere, ...

The curve held its contango, with VIX3M at 18.23. SKEW edged up to 146.25 and DSPX to 36.03, while cross-asset gauges moved ...

Oura is preparing to list on Nasdaq under the ticker OURA, with 50 million shares offered at an expected price of US$40–44 ...

Twenty names where options looked dear or cheap against their own past year, and why IV rank and IV percentile often disagree ...