Nikkei Index Options Weekly (Mar 03–07): Implied Volatility Climbs as Market Extends Decline
Nikkei falls as USD/JPY and trade tensions weigh on market, with rising implied volatility and lagging historic volatility which we demonstrate...
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Steno Signals #187 – Remember August & September 2024? Tariffs are to blame
Friday’s bizarre scenes in the Oval Office will take some time to digest for all involved counterparties. I don’t feel in a position to judge...
381 Views
Nikkei Index Options Weekly (Feb 24 – 28): The Range Breaks
Sideways range in Nikkei breaks, leading to higher implied vols and potential downside pressure from short gamma positions around 38,000 strike....
196 Views
Steno Signals #186 – The year of the weak USD is upon us
I wanted to get the German election results before releasing my weekly editorial, and as far as I can judge, we are talking about a...
354 Views
Nikkei Index Options Weekly (Feb 17 – 21): USD/JPY at Inflection Point
Heightened interest in the 150 level on USD/JPY with potential for greater disparity in Nikkei returns below that; caution advised on short Nikkei...
247 Views