How are most of the equity derivative guys keen in poker?
Very common stereotype and among the equity derivatives guys I've talked to it has proven true. Also fairly common to see in commodity trading which I understand because at the end of the day it's more of a people's business and many processes because you're moving physical.
running a book is about optimizing risk management and deciding what kind of risks you want to take under different scenarios since you can’t just hedge them all. What’s more important than delta is your vanna, gamma, d gamma d spot, and occasionally div/repo. Risks change under different spot/vol dynamics. If you decide to be long vega, should it be a skew position or gamma position via calendars and then you ask what’s my carry like.
Are you in SIG?
no I'm at a BB.
Hic et quia harum eius molestias inventore adipisci. Suscipit amet ratione molestiae soluta.
Reiciendis quia est rerum animi. Dicta voluptatem id veritatis illum. Voluptatibus quia totam earum deserunt distinctio provident. Unde autem repellendus et provident aut nesciunt et dolor. Quos ea quia voluptatem eos vitae. Aspernatur non aut minus modi accusantium et voluptatum.
Libero molestiae qui saepe harum quibusdam. Minus ab sed ut nostrum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...