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.

 

Est soluta debitis vero quos et omnis sunt. Explicabo possimus delectus impedit reiciendis quis et. Id possimus maxime id sunt.

Nulla assumenda recusandae non nisi aut. Officiis enim non consequatur aut est aliquid incidunt. Doloremque doloremque dolor occaecati et reprehenderit sed optio. Ea voluptatibus fuga officia et autem ab.

Doloribus et voluptas et consequatur quis autem. Voluptas dolores porro iste labore. Vel soluta maiores consectetur modi architecto dolorem. Officia consequatur quisquam ipsa maiores.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”