All tracks

For the vol desks · ~2 weeks

Options & Greeks

Parity to gamma P&L, in the order the ideas actually build. Aimed at Akuna/Optiver/SIG-style options seats.

11 steps
  1. 1

    Put-Call Parity

    Easy

    →
  2. 2

    Why Buy a Straddle?

    Easy

    →
  3. 3

    Delta of the ATM Call

    Easy

    →
  4. 4

    Hedge the Book

    Easy

    →
  5. 5

    Build It Without Buying It

    Medium · Private

    →
  6. 6

    What Gamma Buys You

    Medium · Private

    →
  7. 7

    The Theta-Gamma Contract

    Medium · Private

    →
  8. 8

    Price a Straddle in Your Head

    Hard · Private

    →
  9. 9

    The Broken Butterfly

    Hard · Private

    →
  10. 10

    Gamma P&L on a Gap

    Hard · Private

    →
  11. 11

    Solve 25 options questions total

    0/25

    →