<t>Today options on the VIX began trading (see below article). I find the idea compelling and found it entertaining trying to conceptualize valuation of these instruments. Anybody have ideas, observations, insights?From the Wall Street Journal: Embracing Fear: New VIX Options To Begin TradingBy MOHA...

HYDL <GO> is the best source for spread characteristics. There isnt a OAS ticker per se for the Merrill indices.

<r>I work for a Fortune 500 company shortly coming under the scope of FAS123(R), which requires the expensing of employee stock options to the income statement. The government accountants have won, and corporations are going to be required to expense their employee stock options (ESOs). Now there is...

<t>Was having a debate with a coworker and he made the comment that between quant finance and actuaries, there is no structure for an option that cannot be given a numerical fair value. I disagreed with him (gut reaction). After stewing for a few minutes, I couldnt think of an example of an option w...