<t>I'm trying to understand the changes of a change in implied volatility on the greeks of an at the money option. I've messed with the black-Scholes equations for a while, but have had no luck. I'd be interested to know, for example, what happens to delta on a call or put option when implied vol in...

<t>First let's figure out what yes and no are. Are you "true"? True and false must say the same thing, which is then "Yes".Next, let's get rid of one of the three: If I asked you if you were true, would you say "Yes".True: Yes, False: No, Random: ?Suppose "Random" answers "Yes": Then you know who fa...

<t>QuoteOriginally posted by: gentinexLet's generalize this. Say that you are playing a "best of 2n+1" series, in which the first team to win n+1 games wins the series. Now how much should you bet on the opening game, to guarantee that you win 100 if your team wins the series, and you lose 100 if yo...

<t>To Pannini:You don't terminate after picking a character. Consider the character you have picked as a state variable. Then, pick the first character. Replace it with the second with probability 1/2. Replace this new character with the third with probability 1/3, etc. That way you only pass throug...