Great content, thank you Patrick! This explanation of the delta is very intuitive, I dare to say even better than the explanation given in Hull, it really helped, thanks
Interesting. May I request a video on non-linear/affine function approximation methods for the option valuation; does the greeks play the same role? Thanks for the quality content.
Hey Patrick. I sort of understand delta, but I discovered that the moment I decide to do something with it, beyond a single underlying on a single currency, it's way over my head. Specifically how to interpret the delta numbers reported from the broker, in relation to the delta of a different product. Made up example: owning an index in euros, and selling calls on the same index, in a different currency. How to hedge for currency depreciation? The answer probably involves buying forex calls, of a certain delta, equal to some other delta, but translating deltas between products, currencies, lot sizes, is virtually impossible. Once I tried something like this but I could never trust my calculations
Your videos are amazing!!! It's easy to understand but doesn't shy away from detail, thanks
I'm really loving this option series
Great content, thank you Patrick! This explanation of the delta is very intuitive, I dare to say even better than the explanation given in Hull, it really helped, thanks
Excellent! I wish you would republish your books in ebook format. I like to take those types of books when I travel. Thank you sooo much. 👍🏻
Thanks for tonight's lesson.
Thanks a lot Patrick. You helped me to understand very interesting questions about my investments
Great presentation! beautifully clear~
Interesting. May I request a video on non-linear/affine function approximation methods for the option valuation; does the greeks play the same role?
Thanks for the quality content.
Nice
Do you use historical volatility to find a spot price for an option?
pretty good - wish I were you
delta is 1% of the underlying (stock price?). Would that be referred to as pips(0.01)? Or is that term only used in forex trading.
The Tyson Fury of Finance
Hey Patrick. I sort of understand delta, but I discovered that the moment I decide to do something with it, beyond a single underlying on a single currency, it's way over my head. Specifically how to interpret the delta numbers reported from the broker, in relation to the delta of a different product.
Made up example: owning an index in euros, and selling calls on the same index, in a different currency. How to hedge for currency depreciation? The answer probably involves buying forex calls, of a certain delta, equal to some other delta, but translating deltas between products, currencies, lot sizes, is virtually impossible. Once I tried something like this but I could never trust my calculations
Back when Patrick was an egg on camera, and not a handsome elite athlete imposter
banger video
My head hurts.
bro too much head, good synthesis but next time more examples/graphs/ and case studies...keep it up currently revising for my finals