Synopsis In today’s market environment, underpinned by elevated rates, recession fears, fundamental technology changes, and geo-political crises, it is important to discover how option trade flow is structured and classified across market participants (Institutional,...
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Let’s take a walk down meme-ory lane. It is the end of January 2020 in Chicago, a month that averaged a relatively mild 34-degrees and not much snow (7.8 inches total). Meanwhile, 77,026 GameStop options were traded. The stock exhibited volatility by the standards of...
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As equity derivatives markets have grown in terms of volumes, products offered, number of exchanges, and technological sophistication, so too has the literature surrounding options pricing models and the challenges posed by quantifying that all-important variable:...
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Consider the ocean of elements that comprise U.S. equity derivatives markets — 16 options exchanges, thousands of optionable securities, tens of millions in average daily volume, billions of daily messages, and a growing constituency of active, self-directed options...
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Options Volume and Open Interest The trading environment has been changing rapidly due to many factors among which are social media influence and involvement of retail traders in the options market. As the January 2021 events demonstrated (extreme movements in names...
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Obtaining, managing, and supporting an options data infrastructure is incredibly complex and costly. Understanding and managing these costs can be quite complicated as well. Many trading organizations that take the in-house approach do not execute well on all fronts....
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