It’s an unavoidable reality that anytime you place a wager in the options market, Wall Street pros — not the retail players — enjoy the house advantage. However, this advantage is embedded in the structure of risk modeling, which ironically leads to an opening for everyday traders, so long as you know how to exploit the mathematical loophole. Without getting too deep into the technicalities, market makers price risk based on a monotonic framework. Essentially, for every unit of distance away from the cur ...

Core Viewpoint - Open Lending Corporation has announced an early extension of its producer agreement with AmTrust North America, extending the partnership through 2033, which reflects the strength and value of their long-standing collaboration [1][2]. Company Overview - Open Lending Corporation specializes in automotive lending enablement and risk analytics solutions for financial institutions, providing loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders across the United States [1][3]. - The company has been empowering financial institutions for over 20 years to create profitable auto loan portfolios with reduced risk and increased rewards [3]. Partnership Details - The agreement with AmTrust, which was originally set to expire in 2028, is significant as AmTrust is Open Lending's largest and longest-standing partner, providing insurance coverage to credit unions [1][2]. - The extension of the agreement is seen as a testament to the value AmTrust places on Open Lending's Lender's Protection™ Program and the overall partnership [2]. Leadership Statements - Barry Zyskind, Chairman and CEO of AmTrust, expressed enthusiasm about the extension, highlighting the innovative and technology-driven nature of Open Lending's business [2]. - Jessica Buss, Chairman and CEO of Open Lending, emphasized the importance of the partnership in securing credit capacity and generating profitable business [2].