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Derivatives: A Story of Financial and Environmental Innovation
J. Christopher Giancarlo, Cameron Winklevoss, • CryptoDad: The Fight for the Future of Money
As their name suggests, derivative securities are contracts that derive their value from some other thing—known as the underlying instrument. Derivatives include warrants, options, futures, and forwards. The underlying instruments whose value drives the derivatives’ value could be common stock or stock indexes, interest rates, or even agricultural
... See moreRobert Walker • Pass The 65: A PLAIN ENGLISH EXPLANATION TO HELP YOU PASS THE SERIES 65 EXAM - UPDATED FOR 2017
Part 2: A brief look into 2nd generation AMMs
joecontent.substack.com
Alright let's tackle these one by one.
1) So we want to minimize C(k)+P(k). So C'(k)+P'(k) = 0. But C'(k) = [C(k+h) - C(k)]/h for very small h. This is a very tight call spread and is thus effectively a binary option scaled by h. Its price should simply be the probability...
peepeepoopoox.comMy mini lectures in Quant Finance:
1- Deriving Black-Scholes via Itô's lemma (the dynaming hedging approach)
2- Why we don't use Black Scholes (my work with @EGHaug)
https://t.co/ff2AURSf3Z
Nassim Nicholas Talebx.com
A replicating market maker is a market maker whose portfolio matches a target payoff.
Part 2: A brief look into 2nd generation AMMs
Constant product AMM arbitrage profit
More notes
https://t.co/5Th4RxTwJ4
Drawn... See more