<t>Well... normal distribution would not really help here because such drop is clearly not consistent with normal distribution or standard black-scholes. I guess I can try with it, and will probably get 0 (I at least tried on Excel, and it does not even leave any non-zero digit; it just returned 0 w...

Could you elaborate a little more?

<r>The stock price for Boston Beer (Ticker: NYSE:SAM) went down to $0.01 from ~$60 (at one point although it bounced back soon after) on Thursday, May 6, 2010. The question is, given market data up to May 5, 2010 (and closing price on May 6), what is the probability that the stock price (of Boston B...

<t>QuoteOriginally posted by: brotherbear1220No one is going to do your homework for you.It was not my homework, far from it. I know the given payoff is merely in the form of that of a call option with K = 0.95*S0, and it is BS, so it becomes trivial. I saw this somewhere and it made me think for a ...

If the payoff of the contract is given by in a Black-Scholes market (i.e. the underlying asset follows BS), how can you obtain a closed-form expression for the delta of this contract (or simply, calculate delta at any time t)?

<t>Hi all,I would like to know what a usual interview process for a summer position at MS is like, especially for someone that lives far (I applied for a NY office, but I am not currently residing in NY, and in fact, not even living in the US).Also, if anyone has any experience with the quantitative...

Oh, I did not know about it. Thank you.I just posted this game after watching my friend playing this game online and being asked by him of any optimal strategy.

<t>@ wileysw: Thanks for letting me know (of fixing an equation). I was not (and am still not) really used to this forum yet as I have posted only a couple. =)I personally thought u-1/u would work better (it seems the answer for the latter works out nicer). I just came up with this integration after...

Sorry, I screwed up the equation when trying to fix it, so I "deleted" for the moment.The integration I intended to throw was edited

<t>I see a couple of universities offer a Ph.D/DPhil degree in Financial Economics, like University of Chicago (joint Finance and Econmics) or University of Oxford, for example.I am just wondering how (much) different it is from Ph.D in Economics or Ph.D in Finance, or if it is merely a combination ...

<t>I'm not quite sure if (any variation of) this question has been posted here. I could not find one.It is a two player game with a dealer. You, dealer, and your opponent each have 6 cards from 1 to 6. Every round, the dealer shows one of his cards (to both you and your opponent). Then, you basicall...