Instagram Instagram Reel, 3 November 2026
Derivatives, volatility, family office.
Gregory Saey
I started in 2007 in FX, then rates derivatives, before trading options and volatility across every asset class. From subprime to Covid, I lived through the big crises from a desk. Today I head my own family office and run ARTE, where every strategy runs on our own money first.
- 2007
- My first day on a desk, as an FX market maker.
- 25+
- Strategies in our family office, on house capital.
The VIX since 2007: every spike came back down
Weekly highs of the daily close, 2007 to 2026. Hover or tap a dot to see where I was.
VIX VSTOXX, its European equivalent
Spot prices show where the market is. Option prices show what it pays to insure itself.
My latest posts
Click a post to open it where it was published, or read the full version here.
Instagram 
Instagram Instagram post, 27 October 2026
VIX vs V2X, part 2: the gap you see is not the gap you can trade
Read the full version here
Instagram Instagram post, 22 October 2026
VIX vs V2X, part 1: Europe's fear gauge sits above the VIX on 81% of days
Read the full version here
Instagram Instagram post, 20 October 2026
March 2020: a put ratio on Europe's banks with a breakeven at zero
Read the full version here
Instagram Instagram post, 15 October 2026
Brexit, June 2016: right on the vote, wrong on the aftermath
Read the full version here
Instagram Instagram post, 13 October 2026
Four numbers I read in the options market before the headlines
Read the full version here
Instagram Instagram post, 8 October 2026
March 2020: our first client NAV, the week Covid crashed markets
Read the full version here
Instagram Instagram post, 6 October 2026
Three rules I only learned after 16 years of trading
Read the full version here
Instagram Instagram post, 4 October 2026
How ARTE works: every strategy runs on our own capital first
Read the full version hereOnly on this site
From the desk
12 shocks since 2008, side by side: the peak, the trigger, how long it took to calm down, and what I took from it.
See the twelve episodesLetters
Long form.
Letter No. 1. Why I read the price of insurance first
The first letter: why this site exists, what I read before any headline, and what twenty years of market shocks have left in the way we run money.
Read the letterWhere I work
From family office to regulated funds.
More than 25 strategies run in our family office, with no clients at all. The ones that can absorb more capital without losing their edge are opened to investors through ARTE One, and our capital stays invested alongside them.