The rise of 0DTE (zero day to maturity options) is a recent phenomenon. Option volume has really taken off during Q4 2022 and has deeply impacted market behavior and structure. For the ones not really fully acquainted with the matter, May 2022 is the month where it all started....
SGG believes that the market structure is an important behavior factor. Technology and computing power are definitively important drivers. The Investment management industry has been highly commoditized and the rise of passive investment is a result. When I say "Commoditized" it means that financial products suppliers profit margins have shrunk...
Volatility has been a long-time focus for SGG. It is becoming now a permanent flexible allocation of SGG portfolio. SGG believes that excess interventionism by central banks and governments is the main source of a higher volatility regime for many years. Download the document for a full overview of SGG approach. SGG...
In the analytical process of my portfolio approach I highlight these five interconnected points. To simplify! In a strong trend, each tends to confirm the behavior of the other. Ex: strong bull trend will show a great majority of stock trending higher (homogeneity & breadth), Credit spreads compressing, general optimism,...
Trading and intraday trading has become quite widespread. Nowadays, many have access to tools, softwares and trading platforms. They have captured the attention of the crowd that .."yes" ! You can do it like the pros. The above chart does not show return and time frame on purpose. Each little...
