The Till

Options market structure, trading opportunities, and the stories behind the trades — by .

EMP Alpha

▶ September 03, 2026

EMP Alpha

“EMP” Eleven Madison Park.

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Options trading doesn't make money

September 25, 2025

Options trading doesn't make money

You turn on the lights.

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Tree level complexity

May 01, 2025

Tree level complexity

Throughout the north east, this has been a particularly difficult spring for pine trees.

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The best 30 deltas you can buy

June 17, 2025

The best 30 deltas you can buy

The only point of taking more risk is to make more money.

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Dialing in on TSLA covered calls

May 30, 2025

Dialing in on TSLA covered calls

The covered call is the simplest options trade.

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The pot of gold is the trades we made

January 30, 2025

The pot of gold is the trades we made

Edge starts with enthusiasm.

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