The Derivative

Vol Curves and Vanna Charm with Cem Karsan


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Today’s pod is all about word play playing into alternative investment. How does Jam Croissant relate to Cem Karsan? What about Vanna Charm and options definitions? Or the forever popular “there’s no such thing as a free lunch” evolving to “nothing is ever risk free”? To get together the definitions, explanations, and educated facts on all these nuances, we have FinTwit VIP & Founder and Senior Managing Partner of Aegea Capital Management, Cem Karsan. On top of alternative investment word witticism we’re also talking with Cem about how to actually pronounce Cem Karsan starting out as a market maker, Hagia Sophia, vanna informing trend following, buying options, twitter debates, Cem’s favorite jam & croissant, active to passive moves, the election pushing October, November, and December higher, how nothing is ever risk free, winner takes all mentality for market makers, market down/vol down market up/vol up, volatility retail call buying growth versus value, and all of the Greek/options definitions.

Follow along with Cem on Twitter (@jam_croissant) and LinkedIn and check out Aegea Capital Management’swebsite.


Chapters:

00:00-01:50 = Intro

01:51-14:04 =  A Globetrotting Background and the road to Aegea

14:05-30:06 = Market Makers Business Models

30:07-41:22 = Delta, Gamma, Vega, Vanna, Charm

41:23-52:55 = Playing the Players, Loving the Game

52:56-1:00:22 = Talking Aegea Capital & Getting an Edge

1:00:23-1:16:25 = Momentum vs Value, ProfPlum vs Jam

1:16:26-1:27:04 = Vol Surface & the Election

1:27:05-1:32:24 = Favorites


And last but not least, don't forget to subscribe to The Derivative, and follow us on Twitter, or LinkedIn, and Facebook, and sign-up for our blog digest.

Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer


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