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.

4 Comments
 

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.

 

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.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”