Advanced Options Market Making
How to run a mature options market making strategy
Introduction
So far we have covered how to get fair value when doing options market making, but we are yet to cover the complex parts relating to quote sizing, skewing, spreads, quoting OTC, quoting illiquids, quoting multiple exchanges, and the risks that we skew to avoid outside of the usual greeks (which are well known).
So today, in the 4th article in our options market making series, we will focus on completing the pipeline.