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 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!
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 th-cam.com/play/PLCBifSfCnx3tQuvaS-lG-8ZqUh7NvxRDg.html ) which includes Yield (aka, Yield to Maturity) at th-cam.com/video/CjeZ_UzYdo8/w-d-xo.html and subsequent
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!)
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?
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
@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.
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
Super! This is also helpful for an option trader.
one of THE best financial lecture channel!!! Thank you so much for your work!
Excellent video. You covered all the nuts and bolts without totally veering off into the math.
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).
You are amazing! Not all heros wear capes
#bionicturtle
Amazing work! Thanks so much.
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!
@@bionicturtle Well it was very well explained, seems very complete.
Thanks a lot. Can you make a video on how to compute bond price and bond yield. Anything on Forward valuation will also be very helpful.
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 th-cam.com/play/PLCBifSfCnx3tQuvaS-lG-8ZqUh7NvxRDg.html ) which includes Yield (aka, Yield to Maturity) at th-cam.com/video/CjeZ_UzYdo8/w-d-xo.html and subsequent
thanks a lot
Thanks, maybe cover optimal dynamic hedging?
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!)
Bionic Turtle Thanks, am waiting on it. Your videos are excellent!
Hi Sir, Would you mind helping me with your volatility input as "30%"? How did you get that?
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?
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
what is the first derivative formula
@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.
Yes, you are correct, thank you!
Excel files are deleted in most of the videos.