Senior Equity Derivatives Trader

Simon Harris

Event-Driven

<ul>
<li>Weekly summary of vol changes and moves across Global Markets</li>
<li>Analysing ATM volatility and skew changes over the last 5 days</li>
<li>We suggest a few trades to take advantage of the implied vol surfaces</li>
</ul>


Weekly summary of vol changes and moves across Global Markets
Analysing ATM volatility and skew changes over the last 5 days
We suggest a few trades to take advantage of the implied vol surfaces


EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades-Rate Cuts?

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>The WTR Sustainable Index was up by 0.5% W/W versus the S&amp;P 500 Index (up 1.0%), the Russell 2000 Index (up 0.5%), and the Nasdaq Index (up 0.9%).</li><li>Energy Technology (12.4% of the index) was down by 1.8%, while Industrial Climate and Ag Technology (49.4% of the index) was up 0.5%, ClimateTech Mining was down 1.9%, andAdvanced Transportation Solutions was up 1.3%.</li><li>Top 10 Performers: CLIR, NVLH, NXH, EFOI, IRBT, TMC, GCEI, PEV, PNPN, FTCI</li></ul>

The WTR Sustainable Index was up by 0.5% W/W versus the S&amp;P 500 Index (up 1.0%), the Russell 2000 Index (up 0.5%), and the Nasdaq Index (up 0.9%).Energy Technology (12.4% of the index) was down by 1.8%, while Industrial Climate and Ag Technology (49.4% of the index) was up 0.5%, ClimateTech Mining was down 1.9%, andAdvanced Transportation Solutions was up 1.3%.Top 10 Performers: CLIR, NVLH, NXH, EFOI, IRBT, TMC, GCEI, PEV, PNPN, FTCI

Weekly Sustainable Investing Surveyor - Week Ended November 24, 2023

Crypto Research and Data, Delphi Digital

Delphi Digital

Crypto Research and Data

Institutional-Grade Crypto Research & Data

Delphi Digital seeks to produce unbiased, actionable content for our clients on critical themes affecting digital assets and distributed ledger technology. Our team is committed to providing investors and institutions with key insights through a diverse suite of products including individual project analysis, bespoke research, and tailored consulting services.

Crypto

<ul>
<li>BTC is up ~140% since its bottom 1yr ago. Prior instances imply BTC is in the early innings of a new bull cycle with most of its expected gains ahead.</li>
<li>Market breadth is expanding as we are seeing industry wide participation in recent weeks.</li>
<li>Onchain borrowing activity is picking up, as are average lending rates and utilization rates on stablecoins, which are some of the most popular assets to borrow during market uptrends.</li>
</ul>


BTC is up ~140% since its bottom 1yr ago. Prior instances imply BTC is in the early innings of a new bull cycle with most of its expected gains ahead.
Market breadth is expanding as we are seeing industry wide participation in recent weeks.
Onchain borrowing activity is picking up, as are average lending rates and utilization rates on stablecoins, which are some of the most popular assets to borrow during market uptrends.


EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades-Giving Thanks

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>The broad equity market has been on an absolute tear since we discussed in our 10/31/23 Compass how risk/reward favored buyers as key supports were being tested on SPX/QQQ/IWM</li>
<li>Furthermore, we discussed in our 11/7/23 Compass our belief that this was more than just another counter-trend rally, and that it is likely the start of a significant year-end rally.</li>
<li>Bullish developments have only continued; among them includes 3.5-month downtrend reversals on the S&amp;P 500 and QQQ. We expect more upside into year-end and beyond.</li>
</ul>


The broad equity market has been on an absolute tear since we discussed in our 10/31/23 Compass how risk/reward favored buyers as key supports were being tested on SPX/QQQ/IWM
Furthermore, we discussed in our 11/7/23 Compass our belief that this was more than just another counter-trend rally, and that it is likely the start of a significant year-end rally.
Bullish developments have only continued; among them includes 3.5-month downtrend reversals on the S&amp;P 500 and QQQ. We expect more upside into year-end and beyond.


Year-End Rally to Continue?; Riding the Trend Higher; Buys in Education Services and Retailers

United States

The NASDAQ-100 Index is a modified capitalization-weighted index of the 100 largest and most active non-financial domestic and international issues listed on the NASDAQ. No security can have more than a 24% weighting. The index was developed with a base value of 125 as of February 1, 1985. Prior to December 21,1998 the Nasdaq 100 was a cap-weighted index.

Nasdaq-100 Stock Index (NDX INDEX)

EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades-Rate Cuts?

A weekly look at spot, vol and skew changes across 8 global Indices. We analyse the changes and try to identify the best trades based on the vol...

Simon Harris

Weekly Sustainable Investing Surveyor - Week Ended November 24, 2023

The WTR Sustainable Index was up by 0.5% W/W versus the S&P 500 Index (up 1.0%), the Russell 2000 Index (up 0.5%), and the Nasdaq Index (up 0.9%).

Water Tower Research

Crypto Markets Take Center Stage

BTC is on the rise, signaling the start of a new bull cycle with potential for significant gains. Market participation is increasing, and...

Delphi Digital

EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades-Giving Thanks

A weekly look at spot, vol and skew changes across 8 global Indices. We analyse the changes and try to identify the best trades based on the vol...

Simon Harris

Year-End Rally to Continue?; Riding the Trend Higher; Buys in Education Services and Retailers

10/31/23 we discussed how risk/reward favored buyers as key $SPX $QQQ $IWM supports were being tested. 11/7/23 we argued it was MORE than just...

Vermilion Research

EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades-Rate Cuts?

A weekly look at spot, vol and skew changes across 8 global Indices. We analyse the changes and try to identify the best trades based on the vol...

Simon Harris

Weekly Sustainable Investing Surveyor - Week Ended November 24, 2023

The WTR Sustainable Index was up by 0.5% W/W versus the S&P 500 Index (up 1.0%), the Russell 2000 Index (up 0.5%), and the Nasdaq Index (up 0.9%).

Water Tower Research

Crypto Markets Take Center Stage

​BTC is on the rise, signaling the start of a new bull cycle with potential for significant gains. Market participation is increasing, and...

Delphi Digital

EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades-Giving Thanks

A weekly look at spot, vol and skew changes across 8 global Indices. We analyse the changes and try to identify the best trades based on the vol...

Simon Harris

Year-End Rally to Continue?; Riding the Trend Higher; Buys in Education Services and Retailers

10/31/23 we discussed how risk/reward favored buyers as key $SPX $QQQ $IWM supports were being tested. 11/7/23 we argued it was MORE than just...

Vermilion Research

BTC is on the rise, signaling the start of a new bull cycle with potential for significant gains. Market participation is increasing, and...