Head of Quantitative Research,
Garrett DeSimone is the Head of Quantitative Research at OptionMetrics, LLC. DeSimone graduated with his Ph.D. in Financial Economics from the University of Delaware, where he served as an adjunct lecturer in finance and economics. He earned a M.S. in Economics and Applied Econometrics from the University of Delaware, and a B.S. in Mathematics from the University of Maryland-Baltimore County.
Earlier this year, surges in GameStop (GME), Blackberry (BB), and AMC Entertainment Holdings (AMC) were prompted by retail traders rallying on Reddit to coordinate purchasing of stocks with significant short interest, in turn, inducing short squeezes, states Garrett DeSimone of OptionMetrics.
Since early this year, patterns in meme stocks have been a phenomenon to observe, states Garrett DeSimone of OptionMetrics.
Gold spot prices fell in early Asian trading sessions earlier this week to a four-month low of $1,688—down more than 4% since last Friday’s close, states Garrett DeSimone of OptionMetrics.
After last week’s substantial move in yields, anxieties regarding longer term inflation have entered the spotlight, states Garrett DeSimone, Ph.D of OptionMetrics.