putterhoarder
2.4K posts

putterhoarder
@putterhoarder
Golf and Finance | Georgetown Alum



$IONQ WTF is this flow? check


1 - The skill in hitting this shot is far greater than today which is why it is cool to watch. Limited people can pull it off 2 - The unpredictability is far greater Entertainment 📈 as crowd leans in to watch on course AND at home






$EWY looks like it's about to get more volatile. Market makers might not be pricing in leap option IV correctly as IV may expand past 55%. Two reasons due to unrealized (but upcoming) volatility. - 10X leveraged Samsung / Sk Hynix through Defi are here as they begin ramp-up. This creates a great amount of unrealized volatility from liquidations and hedging on futures like $EWY if this ends up becoming large. $EWY is half Sk Hynix / Samsung, and the South Korean index is already really volatile. - 2x leveraged single-stock ETFs for Samsung and SK Hynix are coming In January 2026, South Korean regulators officially announced they will permit domestic 2x leveraged single-stock ETFs. Again, this just adds to unrealized volatility. But as it stands right now regarding option IV pricing. $EWY moves pretty extreme amounts. If I had to give a comparison, it definitely moves in greater % ranges than $MRVL, which sits at 55-56% IV (while $EWY is 41% still). Samsung's equivalent is probably $MU (70%-ish), Sk Hynix is closer to $SNDK (91%) but likely in 70-80% range. And... South Korea's index is basically just Sk Hynix and Samsung. This volatility would likely be the new norm as Samsung/SK Hynix begin their re-rating from the memory supercycle. But MMs are still probably using garchr models or volatility forecasting projections against long-term averages (where index was completely flat) And the amount of leveraged derivatives from 10x will just create more hedging/volatility on these individual stocks from counterparties and market makers -> that gets priced in late to $EWY. TLDR: $EWY calls likely benefit from vega expansion as MMs aren't pricing in IV and unrealized volatility correctly.







Cashmere Keith letting the people know about the 5-button shirt 👕

Jack Doherty BANNED from PGA Tour events.









