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February’s “volmageddon” good for banks, brutal for hedge funds Newsletter,Options

armageddon

Observations & Insight Tangents of the day Spencer Doar – JLN The Wall Street Journal story Your Location Data Is Being Sold—Often Without Your Knowledge is an alt data industry story with tentacles reaching everywhere (we all use some apps right?). According to a cited research firm, 40 percent, or $16 billion, of all mobile ad spending was location targeted. Knowing where and when people are various places is big business and definitely tradeable information. It reminded me of a related recent story about the fitness app Strava that had a global heat map of activity. The problem? The heat…