Trading Education

Concepts, mechanics and frameworks for active traders

Macro

What Is the Yield Curve, and Why Is This Steepening Different From a Normal One?

Aug 9, 2026

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3 min read

What Is the Yield Curve, and Why Is This Steepening Different From a Normal One?

The 30-year Treasury yield just hit its highest level since 2007. The curve is steepening, but not the kind of steepening that's usually good news.

Options Flow

What Is Max Pain in Options, and Does It Actually Work?

Jul 5, 2026

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3 min read

What Is Max Pain in Options, and Does It Actually Work?

25 years of data on the theory that price gravitates toward where options expire worthless. It works less often than the enthusiasm around it suggests, and here is exactly when it does.

Trading Education

Fear and Greed Index: What It Actually Measures and How Traders Use It

Jun 21, 2026

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4 min read

Fear and Greed Index: What It Actually Measures and How Traders Use It

The CNN index is at 37. Crypto hit 8 last week. Here is what those numbers actually mean and where most traders get it wrong.

Trading Education

What Is the Yield Curve, and Why Is This Steepening Different From a Normal One?

What Is Max Pain in Options, and Does It Actually Work?

Fear and Greed Index: What It Actually Measures and How Traders Use It

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