<t>QuoteOriginally posted by: mcbisonIf I want to sell skew without sell otm options what can I do?if I sell otm options is impossible to hedge in presence of jump....But NNT only buy skew? I read all his work and he speak only about buy skew and kurtosis never about sell...it is impossible to sell ...

can someone briefly explain the discretization part of libor rates with 3 factor Model??I am working on one year libor rates for 10 years.