What Is Predicting Alpha?
When I first learned about options, I, like many other options traders I see on Reddit, would more or less blindly sell covered calls, cash-secured puts, and credit spreads on high IV stocks. Like many other traders I saw on Reddit, I lost a ton of money. However, I got lucky. Several years ago, I […]
Relative Value Volatility Trading
Introduction In a Flirting With Models podcast, Benn Eifert, founder of hedge fund QVR advisors, discusses “volatility investing.” Benn outlines the fundamentals of relative value, why it works, and its applications to volatility trading. He also explains how volatility traders develop strategies, looks for trade ideas, and his worldview on the relative value volatility trader’s […]