What better opportunity than Bitcoin crossing the $10k mark today for the first time in seven weeks to update last month's Bitcoin cash&carry trade. If you want to know more about the logic behind the trade and the reasons this funding basis might persist, please see our initial post: For a Few Bitcoin More. Trade [...]
Two weeks ago (For a Few Bitcoin More), we presented a Bitcoin cash & carry trade. As promised we aim to update our trade ideas regularly and keep you posted with relevant information. Trade recap from 22nd June (tade of date initiation) Short 2 lots of the July 2020 ICE BAKKT Bitcoin futures contract at [...]
One of the frequent topics on the Systematic Investor podcast concerns volatility targeting or volatility scaling. There have been vivid discussions on various episodes, sparked by current research, such as the excellent paper by Campbell Harvey et al. 'The Impact of Volatility Targeting' and the often cited paper by Moreira & Muir on 'Volatility [...]
Two weeks ago (For a Few Bitcoin More), we presented a Bitcoin cash & carry trade. As promised we aim to update our trade ideas regularly and keep you posted with relevant information. Last week, we are looked into the sensitivity of the trade to changes in the basis. This week we give you a [...]
Authors: Moritz Heiden, Dominik Schneller, Moritz Seibert
Quarantine binging is a thing. The king of streaming, Netflix, reported a record increase in subscribers during the coronavirus crisis. We are no strangers to binge watching. However, our poison is the "Netflix of Finance", Real Vision TV. The channel was founded in 2014 by the charismatic macro investor and ex GLG Global Macro [...]
In last week’s publication (For a Few Bitcoin More), we presented a Bitcoin cash & carry trade. It’s a live trade, i.e., it’s on my book. As promised we aim to update our trade ideas regularly and keep you posted with relevant information. This week, we are looking into the sensitivity of the trade to [...]
