So it begins. How do we cut the losses of LPs to arbitrageurs by 95%? Let's start with a simple trick that should give us 10-15% right away... 1/

5/n There is less data on retail option trades than on stock trades, so most papers use indirect proxies. But here are a couple of bits from Bryzgalova et al. (2023). The margin earned by MMs seems similar to that in stocks. So the uninformed again seem to know something!🤷‍♂️

@alz_zyd_ *It's not clear the PhD is valued in labor markets

@lobstermindset Zey vill live in a pod and eat ze bugs. Zey vill pay fiat to deliver ze bugs to ze pod

@0xQTpie Don’t know what this means, but it’s provocative

@0xcacti я один, но это не значит, что я одинок

My main objection to this idea is that it’s a margarine croissant. The butter ones are straight. Increase straightness, reduce transfats.

Well, if you did listen to the advice of LVR influencers and hedged after all swaps, you would’ve made a loss even though the price is back to where it was six months ago. So if your IL got reversed and you are now in profit, you are just doing it wrong

@Pr0cessus0 Maybe season 2?

@GwartyGwart

@howdymerry 🫶

@MaxResnick1 Trying to FAFO this out

@katiabanina Same