Free, for experienced options traders
The options letter for traders who think in portfolios.
Trade ideas with the reasoning attached, statements from a real short volatility book, the research behind the process, and the risk tools I build.
A real position, not a mockup. Subscribers see the setup and the reasoning attached.
Why this is different
Written with money on the line.
No hot picks and no hindsight. The letter is built around a real short volatility process, including the positions that need repairs and the months that go wrong.
What lands in your inbox.
Material for traders who already understand the mechanics and want to think harder about structure, portfolio risk and management.
Trade ideas
IV rank, term structure and skew, plus the read behind the structure.
Live statements
Personal book and the fund. Up months and down.
The research
Peer-reviewed papers and data you can inspect yourself.
Risk tools
Position sizing, monitoring and portfolio risk applications.
Rolls and repairs
The management decision on the day it has to be made.
Sizing
Buying power and portfolio context rather than dollar figures.