Latest news with #HenrySchwartz
Bloomberg
a day ago
- Business
- Bloomberg
Retail Quants May Be the Next Stabilizing Force for Markets
Retail traders using sophisticated quantitative strategies are starting to have a surprising and noticeable impact on financial prices. Many commentators criticize such do-it-yourself investing as the road to disaster for investors and a destabilizing force for markets. In fact, in a world where passive investing is exploding, this is a reassuring counter current that should aid in price discovery and bring some balance to the makeup of the market. Speaking at the Options Industry Conference recently, Henry Schwartz, vice president of market intelligence at Cboe Global Markets, showed a slide with large volume spikes in zero-day-to-expiration options for the S&P 500 Index caused by small (under 10 contracts) orders. These ultra short-term contracts are popular with retail quantitative traders and now represent the majority of S&P 500 options volume, often exceeding half the total trading in the S&P 500 itself. If there is enough retail quant trading to drive large spikes in volume, these trades may well be affecting the price behavior of the S&P 500. Moreover, if it's happening with the S&P500, it could be happening with other major markets, too.
Associated Press
07-05-2025
- Business
- Associated Press
Zero-Day Options Priced Appropriately Despite Market Volatility: Insights From Cboe Webinar With Benzinga
By Meg Flippin Benzinga ZINGER KEY POINTS: Market volatility is at COVID-19 levels, but zero days to expiration option trades take it in stride. DETROIT, MICHIGAN - May 7, 2025 ( NEWMEDIAWIRE ) - Despite recent increased market volatility, zero days to expiration, or 0DTE options, tend to price appropriately for the current market conditions. During a Benzinga webinar, Henry Schwartz, Vice President, Derivatives Market Intelligence at Cboe, talked about the volatile market environment and trading 0DTE options. 'The options market is a pretty efficient marketplace, things are generally priced right. You have days when you would rather be buyers and days when you would rather be sellers, but overall it's pretty consistent,' Schwartz says. 'This year is definitely an outlier. There's pretty extreme volatility and different behavior than we've seen in a long time.' Zero Day Trading Strategies When it comes to 0DTE options, Schwartz says there are two primary types of strategies: option buying or those tactical trades betting on the direction of the market for the day or trading the spread. Either way, Schwartz says people should pick the trade that matches their style. Some traders, for instance, may wait until after 10:00 a.m., when the markets tend to calm down a bit, while other traders may want to pull the trigger during more active times. Have A Plan When Engaging in Zero-Day Trades Before executing a 0DTE options trade, Schwartz recommends asking yourself the following: What's your goal? Are you trying to make a little money in exchange for a little risk or are you trying to pull off a larger payout trade? What is your profit target? What is your risk tolerance? How much of your portfolio are you putting in your trade? Once you come up with your trading plan, consistency is the key to success with ODTE options trades. Benefits Of Trading 0DTE Options 0DTE options provide numerous benefits for traders, including high liquidity and potentially lower premiums. Plus, with 0DTE options available every trading day, there is more flexibility to take advantage of short-term price movements and react to current events. Options are a time-tested and highly-regulated investment tool that have been traded on registered and regulated exchanges for decades. At the same time, every financial investment comes with a risk. Understanding potential profit and loss is crucial to anyone involved in the financial space. 'You can't always assume everything will go perfectly,' says Schwartz. 'COVID was a great example of the markets doing really bizarre things. Don't impose 'this doesn't make sense' on the markets, it will just sting you.' Ultimately this seminar, which also laid out popular 0DTE option strategies and tools traders can leverage, underscored that having a plan and being consistent are the keys to success. Featured image by Maxim Hopman on Unsplash . This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. This content was originally published on Benzinga. Read further disclosures here.
Yahoo
24-03-2025
- Business
- Yahoo
MobCraft Walker's Point taproom to reopen under new owners with some of its flagship beers
MobCraft Beer will reopen with new owners, bringing back the Walker's Point brewery about five months after it closed in November. The new owners are Sarah Halstead, who worked at MobCraft for four years, and her husband, Michael. They purchased the brewery for $160,000. "We thought it would be a neat opportunity," Halstead said. They plan to bring back flagship beers like BatSh!t Crazy and Out Of Office. The also plan to serve appetizers, sandwiches and pizzas, including MobCraft's Whitewater mac and cheese pizza. What else might change or stay the same at the taproom at 505 S. Fifth St. is still being decided, Halstead said. They do plan to bring back some festivals, but Halstead wasn't sure which ones. MobCraft was popular for its Stout Fest, Sour Fest and Weird Fest. The Halsteads are only reopening the Milwaukee taproom. When MobCraft closed, it also had a location in Woodstock, Illinois. The couple is waiting for license and health department approvals and is hoping to reopen the brewery in May. MobCraft Beer announced in October that it would be closing after eight years. MobCraft CEO Henry Schwartz said in a news release that the brewery "reached a point where we could no longer operate as a stand-alone operation." MobCraft Beer was founded in Madison in 2013 by Henry Schwartz, Andrew Gierczak and Giotto Troia, who met at the University of Wisconsin-Whitewater and launched their business in Madison. In 2016 MobCraft moved its business from Madison to Milwaukee when it opened the Walker's Point taproom. In 2021, MobCraft announced it would open three additional taprooms: in Waterford; Woodstock, Illinois; and Denver. MobCraft was looking to raise up to $2.25 million in an equity crowdfunding campaign to fund the ventures. Its investment platform, wefunder, shows it closed fundraising in April 2022 after it raised $845,000 from 488 investors. MobCraft Denver was open from September 2022 until it closed in April 2023. The Waterford location never opened, which the village sued MobCraft for. MobCraft opened the Woodstock location in November 2023 and closed it along with the Milwaukee taproom this past November. This article originally appeared on Milwaukee Journal Sentinel: Milwaukee brewery MobCraft Beer to reopen under new owners
