The Liquidity Cascades

The way how derivatives operate in the us. Equity market is all being controlled by about four main market makers, right? It's no surprise to anybody that trades these derivatives that understands under the hood that it's fairly being controlled by four main market maker. And i think this leads into how we view the world as like, hey, if you could position yourself for these extremely large payouts and not bleed away,. Like your standard tail rist fun or, you know, long volatility fund - just kind of hamraging money away.