Alcor Finance Blog

Research May 1, 2026

Decoupling in Crypto Derivatives: Skew Dynamics and Market Sentiment

Analyzing the divergence between spot and derivatives markets amid recent BTC rallies.

Alcor · May 1, 2026 · 11 min read

Using European put options to reduce the price risk of concentrated Uniswap V3 liquidity provider positions.

Alcor · Oct 1, 2025 · 4 min

Research

Comparing Heston and SABR approaches to capture volatility smiles and surfaces observed in ETH options data.

Alcor · Sep 15, 2025 · 7 min

Research

Building intuition for geometric Brownian motion and the log-normal price assumption on the way to deriving Black–Scholes.

Alcor · Jul 5, 2025 · 3 min

The Archive

Spot rallied 16% MTD yet funding rates, 25-delta skew, and IV all tell a bearish derivatives story — here's what it means.

Breaking down a concentrated liquidity range into a curved call spread plus a short put and valuing both legs with SABR-calibrated options.

Switching to the risk-neutral measure via Girsanov’s theorem and preparing to solve the geometric Brownian motion SDE.