<t>Risk Management is a broad term. The scope can be expanded by the capability of the individual. What is risk? What is risk to the trading operation? Before we go off into a tangent. It may simply be quantitative and or qualitative. The latter being legal, tax, operational issues which all culmina...

also thought about biz days got 268 -seemed strange, bu the more i look at the pricing the stranger it gets

well I thought they were mispriced now i know @56.48% I make it 5110 and at @57.48 I make it 5189.5Thanks for allowing me to my figures off you. Next line of thought. Can I safely assume that the inefficient pricing may present a business opportunity? /providing liquidity allow for it?

<r>I've calculated your delta and vega and concur on your answersHowever, the vega does not seem the same as theirs (1.59 cents per % ch in impl volatility) why is this? theta = -324.99*.607088*.5648*.5/sqrt(.4055)-.0816*325*exp(-0.0816*.4055)*N(0.2717-.5648*sqrt(.4055))=-87.4987-11.9297=-99.4285div...

<t>Hope someone can help show me an example of an analytical way for a non-paying div warrant for anAmerican CallAmplats (Anglo American Platinum Corp)(South African Share listed in Rand)Close price 32499 (i.e ZAR324.99)Strike 32500 cents per shareExpiry 2004-06-11Cover 50Implied Vol 56.48%Interest ...

Nicke-The link helped a great deal. I happen to share the view of Regnault; both literally and spiritually.Thanks everyone for your assistance.

<t>Nonius – appreciate your ref. although I do not have a copy of the work (i.e. can’t page to p 70) I know Bachelier noticed that prices seem to change in relation to segments (categories) of the square root of time. Why it does this is what intrigues me. Will come back to that at the end. Chiral3-...

Any interesting real, abstract or metaphysical documents out there on this topic would be appreciated...