David, junior equity derivatives trader here, I would like to thank you for your professional and quality contents. Most of the materials regarding equity derivatives are either too academic for us non-PhD folks or just gibberish without focus on equipping young professionals with practical knowledge (like the textbook we had in university). I still remembered the bad impression I left to senior traders for mistaking delta being a ratio between % change instead of simple dollar value (or the ratio between the 2 ratios with both price and performance taken into account). Stuffs like that add up and very likely had costed me 2~3 years of career progression time. I am subscribing and would recommend anyone into finance to watch these!
I have nearly completed my Master's in Financial Analysis now. I can comfortably say that it would have been so much more difficult without your help. Thank you!
I guess Im asking the wrong place but does anyone know a tool to log back into an instagram account..? I was dumb forgot my login password. I love any help you can offer me
I would love a deeper dive and visualisation of N(d1), not sure what is meant by "probability of being underwater", against what reference? Surely underwater option = not exercised, so it should be the same as N(d1).
Thank you. Tuckman (bonds) is next after the option Greeks (I am following FRM T4) so i have much bond material upcoming. However, I also have already recorded much bond material, see my T3 playlist (at ru-vid.com/group/PLCBifSfCnx3tQuvaS-lG-8ZqUh7NvxRDg ) which includes Yield (aka, Yield to Maturity) at ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-CjeZ_UzYdo8.html and subsequent
Please do the other greeks, ive done alot of research on all of them but no one ever brings it back to Black-Scholes and that is the part we should understand best, specifically i find the interaction between vega/price/theta on a long timeframe fascinating, rarely discussed, and can feel the wrinkles forming, just thinking about watching your charts on it
Yes! I'm following the FRM sequence such that i think i have dynamic (delta) hedging next week. Thank you for the suggestion (especially when it doesn't involve extra work than i had planned, lol!)
Thank you for that. I admit I recorded the first version in the morning, and it was good enough, but came back and recorded it again (this version), which I think is better than my first try. It's a fundamental concept, so i wanted it to cover the bases. I am a bit "too familiar" with delta b/c i've been taking about it with our members for years. It's almost harder to do a video on a topic that you have more experience with b/c there are all sort of little details you want to include. In any case, thank you!
@8:35 you say "as the option is deeply I.T.M. it's value is not very responsive to the stock price.I think you ment to say deeply O.T.M. I don't mean to be picky just thought it should be pointed out. Thanks for all your videos.
Hi Sir, Thanks for the sharing. Based on your explanation, if I want to long s&p 500 Dec 3400 option, it’s better to long the option in the money right?
