This could be 100x better, if you wouldn't literally constantly interrupt your guest, especially in such key speeches where he feels comfortable to fully unleash his chain of thoughts. Just let the man speak freely, that shouldn't be difficult
@jeffreymethusala30 Жыл бұрын
Visiting this 2 years later because: 1. Cem became a Rockstar and 2. Trying to learn this options Greeks-based market structure as much as possible and this is the best place to be
@anple55953 жыл бұрын
I listen to this 3 times in 3 different days and my head still spinning
@TheDerivativebyRCMAlternatives3 жыл бұрын
Trust me - you're not alone there!!
@anple55953 жыл бұрын
@@TheDerivativebyRCMAlternatives this channels is a gem. Thank you 🙏
@Main.Account3 жыл бұрын
Agreed. This channel is like a gem croissant.
@TheDerivativebyRCMAlternatives3 жыл бұрын
@@Main.Account ba dum tss 🥁
@LukeMahan-xr4xx9 ай бұрын
Great guest. Respectfully, would have been far better if the host had let the guest speak at length uninterrupted. He has some very nuanced insights to share.
@baxoutthebox5682 Жыл бұрын
It wasn’t just the host interrupting the guest, the guest interrupted the host too. These two just don’t communicate well period. The info is so good but it’s frustrating to listen to.
@cooltraderf4 жыл бұрын
Great insights - rarely do you get this kind of detailed discussion and ideas from a really smart options pro.
@TheDerivativebyRCMAlternatives4 жыл бұрын
Agreed - Cem is a gem in the options space. Thanks for listening!
@DigiLab13 жыл бұрын
Wow, what a gem. Got more than I expected, and I had a high expectations, amazing. This guy is not just owning the options portion, he can discuss macro as well, up there with the few only that understand macro. Good questions as well, thank you for doing this interview.
@TheDerivativebyRCMAlternatives3 жыл бұрын
Thanks! Cem truly is a gem! We’re thankful to have had him on the pod with us!
@chiraagpatel34943 жыл бұрын
Thank you doing what you doing @rcm, really helps a lot of us out
@954dee2 жыл бұрын
crazy this was made a year ago and the same cycle is happening today. You wouldnt even know this was from last year
@SuperDangerousMouse3 жыл бұрын
Sorry, but I'm not sure whom your target audience is. You are asking him about simple greek definitions then talk about ES/SPX vol surface term structure and order flow. In my humble opinion, one should either target simple and basic concepts or talk about vol surface dynamics/strategies that are aimed to take advantage of them. Anyway, I appreciate the effort.
@jeffdafoe3 жыл бұрын
Just skip past the sections you aren't interested in?
@SuperDangerousMouse3 жыл бұрын
@@jeffdafoe should I do that after I watched the entire video?
@jeffdafoe3 жыл бұрын
@@SuperDangerousMouse I don't know how you are watching, but for me the video is broken out into chapters on the right hand side. The name gives insight into what each section is about.
@DennisRay993 жыл бұрын
@@SuperDangerousMouse It's dividend into chapters
@cleartheground Жыл бұрын
Is there a “gamma” of theta? Anyone know how that could be modeled?
@clarenceworley19212 жыл бұрын
thank you for cutting the video time stamps into segments for us viewers
@Main.Account3 жыл бұрын
As of early February 2020 and
@TheDerivativebyRCMAlternatives3 жыл бұрын
Thanks for noticing and being a loyal follower!!! Slowly but surely we’re getting there.
@rexavakian13 жыл бұрын
I've been wanting him to explain more and this was the perfect. He was unbelievably correct on his call to value. Thank you so much for your time putting this together and Cem.
@aw71083 жыл бұрын
Did you understand the bit where tried to explain his reason for being long value? Like what I got was that retail bid up option prices so the dealers took the short side at which point to hedge their short vol position they went long vol in the indices and value. But apparently this created an oversupply of IV in the indices and value and crushed iv? Like wouldn’t the demand from the dealers trying to hedge bring about a shortage of IV?
@DerivCapital3 жыл бұрын
Volga is Vomma ...thats what everyone calls it no one says volga?!?! just like no one is calling Gamma KAPPA!?!?
@jeffdafoe3 жыл бұрын
No one calls Gamma "Kappa" because Kappa is Vega, ace.
@gneyman3 жыл бұрын
Beat me to the comment punch, ha
@IsaacWendt3 жыл бұрын
Can you elaborate on vix strike vol and how a retail noob like myself can get my head around it?
@TheDerivativebyRCMAlternatives3 жыл бұрын
Cem (@jam_croissant ) & Benn Eifert (@bennpeifert) are probably the best experts to get this info from! We recommend following them on Twitter (handles above), they're super active and usually answer any & all questions. Cem also did another really great pod with Meb Faber that you can listen to here: mebfaber.com/2020/09/30/episode-252-cem-karsan-aegea-capital-30-day-vol-tends-to-be-overbid-and-you-have-extended-supply-in-the-back-of-the-curve-historically/. May be of some help to you as well.
@IsaacWendt3 жыл бұрын
@@TheDerivativebyRCMAlternatives thanks for taking the time. Really appreciate it. Also I'm addicted to your channel can't believe a gem like this isn't popping off. Unreal. Keep up the great work.
@TheDerivativebyRCMAlternatives3 жыл бұрын
@@IsaacWendt 🙏🏼 huge thanks! Super nice words and we’re so happy you enjoy. Hoping we can continue to provide the best content for you moving forward!
@TheDerivativebyRCMAlternatives3 жыл бұрын
@@IsaacWendt we also just put together this options definitions blog post that could add some color for you: www.rcmalternatives.com/2020/11/10-options-definitions-you-need-to-know/?Social%20Media&hss_channel=tw-172836249
@jeffdafoe3 жыл бұрын
He's actually saying "fixed strike vol". I wouldn't worry about that part as a retail noob. The "Market Maker Business Models" and "Momentum vs value" chapters would be the most helpful for someone just starting (although Cem is really more about advanced topics overall).
@quant-prep28432 жыл бұрын
wow!!! Smart people
@ajitsurve49963 жыл бұрын
Sir,can i get transcript
@TheDerivativebyRCMAlternatives3 жыл бұрын
Hi Ajit! I can get you the transcript. Please submit your email address here: info.rcmalternatives.com/get-our-blog-alternatives (This will also ensure that you get all of the transcripts moving forward) and then I'll email you the transcript. Thanks! Allie
@ControlTheGuh4 жыл бұрын
One of the best episodes thus far
@TheDerivativebyRCMAlternatives4 жыл бұрын
YES! Glad you think so - we're right there with you.
@IvanVesely9204 жыл бұрын
Isn't Option Charm named like the charm quark?
@TheDerivativebyRCMAlternatives4 жыл бұрын
Good question - just reached out to the professional on Twitter to ask ;)
@jeffdafoe3 жыл бұрын
It's a second-order greek named "charm"
@IvanVesely9203 жыл бұрын
@@jeffdafoe yes, many thanks. I was however reacting to what they were saying in the video, debating about the origin of the name "charm".