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static hedge by spectral decomp
Hi all, I'm trying to find example on how to do static hedge with spectral decomp (instead of using put/call symmetry or any reflection principle..) Due to my lack of knowledge in distributions, I don't know how to evaluate the derivative in spectral decomp formula (ie, at strike, 2nd derivative of call payout is 1, etc) Is there an example somewhere (say for barrier or any path dependent) which gives 1st and 2nd derivative of its payoff?Thanks!- boy