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karu's avatar

Hi Evan, thanks for posting this, I really enjoyed the article. I'm a bit confused as to the connection with SSR. How did you infer that an incorrect SSR was leading to different theos? Could it have been some other factor?

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Evan Semet's avatar

This would show up after large moves in the underlying which is what lead me to believe that SSR was the driving factor. I did make a bit of a leap that that was the root cause of it though. There very well could've been something else driving it.

I also don't know with certainty who the counterparties were, but the 15 lot MM had the most uptime and since I know Akuna is one of Deribit's biggest MMs I assumed it was them.

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Lazar Ilic's avatar

This is a fun post! You ought to write more like it if possible.

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John Podesta's avatar

Nice sir

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Quant guy's avatar

Well done !

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