Crypto Options Unplugged

In this week's episode, Imran and David are joined in the studio by Stefan Rust, Founder and CEO of Truflation. They discussed the recent FED rate cut and new stimulus measures from China which have helped to restart the crypto rally in the last week. Stefan explains what inspired him to kickstart Truflation over 3 years ago and how the markets are embracing his new and innovative way of producing real-time macro data on the blockchain. They touch on the inflation and/or currency debasement hedging properties of Bitcoin and the need to protect against asset price inflation in a world of perpetual money printing. Stefan and his team are producing data that even some governments around the world are embracing as the most accurate alternative to help them calibrate monetary policy most efficiently. This is a conversation not to be missed!

In this week's episode, Imran & David discuss the recent price action in the crypto market in the wake of a dramatic repricing in rate cut odds. With a 50bp cut now the most likely outcome, they discuss why BTC is not moving up in line with US stock markets. Imran catches up with special guest Marty, CIO of Mymo Group and prominent crypto Twitter influencer to get his perspective on the current setup in crypto vol and how the election is being priced. David continues to like the macro fundamentals but Imran has started to increase hedges as weak seasonality takes hold before the election.

In this week’s episode, Imran and David host special guest Neelabh Dixit, Head of Product Strategy at Talos. They discuss the recent choppy moves we’ve seen in crypto markets as rate volatility has been hitting risk assets due to concerns around growth. David gives his macro picture and Imran highlights what he’s seeing in crypto volatility. Neelabh shares his thoughts about the market, the US election impact, and how the crypto client base is evolving.

Neither Talos Global, Inc. nor any of its affiliates is an investment advisor or broker/dealer. This does not constitute an offer to buy or sell, or a promotion or recommendation of, any digital asset, security, derivative, commodity, financial instrument or product or trading strategy. This is not intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

In this week's episode, Imran and David discuss the recent weakness in crypto markets as last week's gains were quickly given back as volatility increased. David flags that month-end typically leads to less liquidity and can be a reason for pullbacks. Imran highlights what the key option flows including the 13Sep expiry finding a relative bid due to the presidential debate scheduled for 10Sep. This week's special guest is Ash Ashmawy, Founder and CEO of Kemet Trading. Imran finds out what led Ash to jump out the world of TradFi hedge funds and into crypto back in 2021, and where he sees the space going.

In this week's episode, Imran and David discuss the recent spike in BTC prices, as the Jackson Hole speech from last week had some stronger language and signalled the start of a cutting cycle. The recent developments in US politics have seen Trump take back the lead in the polls, and they discuss how BTC is likely to trade in and around the run-up to the election. Imran caught up with traders Bob Wallden and Bohan Jiang from Abra Prime Services to see how they were seeing the current market and what trading styles they were employing to navigate crypto, having both come from FX vol backgrounds. Bohan pointed out that the election debate scheduled for September 10th is probably the next big mover for crypto markets.

In this week's episode, we give you something a little different as price action has been somewhat muted in Cryptoland. Imran and David gives their quick takes on macro and volatility but the bulk of the episode covers David's interview with Meltem Demirors, Founder and General Partner at Crucible Capital. Meltem has a wealth of experience in the industry and has some great insights into where the future may be headed and how she is positioning her firm for the opportunities that lie ahead.

In this week's episode, Imran and David sit down with James Van Straten from Cryptoslate, a viewer favorite returning to the show. They discuss the sharp rebound in crypto markets after last week's turbulence and whether the bull run is back on. David still likes everything he sees from a macro standpoint but James thinks the real upside comes in Q4. Imran gives his rundown on crypto vol this week and reveals a couple of his favorite trade ideas right now to position for more Bitcoin dominance.

In this week's episode Imran and David go over the recent meltdown in markets and what has triggered the unwind of the famous Yen carry trade. David explains the macro implications and whilst there has been damage done to short-term positions, the consequence of recent turmoil is that it likely brings us closer to the FED turning on the liquidity taps again. Imran also catches up with John Kim and Beimnet Abebe from Galaxy Digital to find out what they've been seeing through the recent market madness.

In this week's episode David and Imran speak to Conrad Carvalho, Head of Trading at Oaktree and Lion, a proprietary trading and research firm specializing in crypto options. David gives his update on the latest macro developments over the last few weeks as we head into a week of key data from FOMC, Non-farm payrolls, and Mega-cap tech earnings. Imran and Conrad discuss the latest vol crush in crypto options and Conrad explains some of the approaches he uses to extract value from mis-pricings in the vol surface while running a market-neutral strategy. This is another great example of an equity derivatives professional with decades of experience finding the allure of crypto vol an opportunity to good to miss.

In this week's episode Imran host Shaun Fernando, Chief Risk Officer at Deribit, and Antonio Vulcano, Senior Trader at Laser Digital. This discusses the topics of the moment in crypto like the rally triggered by the weekend's assassination attempt on Donald Trump and the impending launch of ETH ETFs next week. Imran gives his quick macro summary and discusses the current volatility conditions in crypto options markets with Antonio. Shaun gives some color on Deribit's tight risk framework and how they can navigate the storms in crypto markets better than most.