Method and market explainers
Occasional educational essays on method and market mechanics. Our main daily output is the Journal: dated, sourced market notes.
Countering anchoring and herding by design
How independent perspectives, a challenge to every conclusion and dated falsifiers are built to contain two common group biases.
Options flow and dealer gamma: a plain explainer
Open interest versus volume, long and short gamma regimes, pinning near expiry, and why flow is noisy on its own.
Market structure is changing. Speed is not the only advantage.
Fragmentation across trading venues and the role of speed versus analysis.
Educational content only. See the Risk Disclosure.