Thankyou Patrick! This explanation is exactly what I've been looking for. (It looks like you've just sold another copy of your book, btw)
Very awesome. Best channel period.
this is like math class all over again, but this time it's actually usefull
This is the first time going through this series that I had a question that the video didn't answer. It's very unclear how the people writing the volatility swaps are making their money if they don't resort to delta hedging. Do they just make an estimate of actual volatility and win or lose the bet if they're wrong? Is there a hedging strategy they pursue?
Where can I place such a trade right now?
Why do you say that the name swap is misleading here ?
I dont think this guy blinks. But overall good video
looks like you are just reading some contents from a book :) You can't teach others
@SusieAspen