AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
AD Derivs: Insights from Crypto Option Traders
AD Derivs. Podcast (Ep. 67) Brent Kochuba, Founder @SpotGamma
Sep 20, 2024
Brent Kochuba, the founder of SpotGamma, shares his expertise in options trading, drawing from his experience at major firms like Bank of America. He discusses the evolution of electronic options trading and how large institutional orders impact market dynamics, using Nvidia as a case study. Brent introduces Trace, an innovative tool for real-time options modeling that aids traders in volatile markets. He also emphasizes SpotGamma's commitment to education and its diverse customer base, blending retail and institutional traders.
33:12
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Brent Kochuba emphasizes the critical relationship between options trading and stock performance, particularly during significant market movements like those seen with Nvidia.
- The surge in retail trading has notably increased market volatility and forced market makers to rapidly adapt to shifting options flows, impacting overall market liquidity.
Deep dives
Brent Kochuba's Journey in Options Trading
Brent Kochuba's background in the options trading space is extensive, beginning with his tenure at Bank of America around 2002. He transitioned from program trading to electronic options trading, where he gained valuable insights into order routing and market making at firms like Credit Suisse and Wolverine. His experience at these firms allowed him to understand the complex dynamics of trading large blocks of stocks and how options traders interact with underlying equities. This background laid the foundation for his future endeavors in developing analytical tools for options trading, culminating in the founding of Spot Gamma.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode