2021's Vol moves, 2022's outlook, Meme stocks, Option Flows and KAI with Cem Karsan

We're kickstarting the 2022 season of The Derivative with fan favorite - Cem Karsan. In this episode, the FinTwit star better known as @jam_croissant and his calls on Gary and Gamma and Vol and Vanna, digs into the interesting 2021 Vol moves, what 2022 may look like in the vol space (not good…or good, depending on your positioning), how he actually trades flow and options in his Kai hedge fund, as well as a journey through all the things that make you go 'hmm.'

Tune in as Cem also highlights the three trading strategies that make up his firm’s offerings, a slightly different take on omicron, how he views the market’s movements as waves driven by flows, and more. Plus, as a bonus, you'll find out how Cem got stuck in a Bolivian salt flat!?

Topics discussed in this episode include:
• How COVID accelerated a lot of trends in our lives, including the acceleration of VOL and VOL products
• Option volumes dwarfing the actual volume of the things that they are on top of and tracking
• What it means to have two-sided skew
• How to play Meme stocks, and more!

Chapters:
00:00-01:20 = Intro
01:21-13:00 = Things that make you go Hmmm..
13:01-25:40 = 2021 Vol Movements
25:41-43:15 = Proxy Hedges, Vol compression, Finding the pain points & Illiquid Markets
43:16-01:03:36 = KAI: Riding the Volatility Flow
01:03:37-01:16:24 = What’s in store for Vol in 2022?
01:16:25-1:22:23 = Two Truths & a Lie

Additional resources discussed in this podcast:
• Vol Curves and Vanna Charm with Cem Karsan    • Vol Curves and Vanna Charm with Cem Karsan  
• Wallstreet Bets Busts Wallstreet? WTF ^%$# with Cem Karsan and Kris Sidial    • Wallstreet Bets Busts Wallstreet? WTF ^%$#...  
• Investing in Volatility & the VIX Whitepaper https://info.rcmalternatives.com/inve...
• Follow Cem on Twitter   / jam_croissant