A single-stock exotic trader who sells structured products is essentially in the business of...
Latest articles onย Derivatives theory and Practise articles
๐๐ค๐จ๐๐ง๐ฌ ๐๐ซ๐ข๐ง๐๐ ๐ฅ๐๐ฆ๐๐ฆ ๐ฆ๐๐ฅ๐๐๐ฆ: ๐๐ข๐ฉ๐๐ฅ๐๐๐ก๐๐
The life of an exotic trader often involves selling cheap calls and buying expensive puts. A...
๐๐ค๐จ๐๐ง๐ฌ ๐๐ซ๐ข๐ง๐๐ ๐ฅ๐๐ฆ๐๐ฆ ๐ฆ๐๐ฅ๐๐๐ฆ: ๐๐๐ฉ๐๐๐๐ก๐๐ฆ
As almost every structured product issued globally is bullish, the flow from retail investors is...
BAYER SCRAPS ITS DIVIDENDโฆ BEEN THERE, DONE THAT.
The veteran Exotic traders will remember Citibank scrapping its dividend in 2008. They will also...
HSCEI TV : How Structured Products Distort Volatilities
In the world of structured products, and as mentionned in a previous post, 2024 will be an...
2024 Judgement year for Korean Autocalls and the $5billion HSCEI digital.
South Korea is an extremely large market for structured products. A favourite product is the...
Structured Products = Alternative Investments ?
Asset managers tend to classify structured products as โalternativesโ. That is rather a...
Is Optimising Structured Products Really Optimal ?
Banks and independent software companies offer optimisers / optimizers for structured products It...
What To Expect From VIX1D, The New One-Day VIX?
This week, another VIX was launched by CBOE: the VIX1D. it is meant to measure the 1-day...
Gentlemen: How Should You Split The Bill?
Here is a question that divides etiquette specialists and offer gentlemen two options only: be a...
Products
2024 Judgement year for Korean Autocalls and the $5billion HSCEI digital.
South Korea is an extremely large market for structured products. A favourite product is the autocall on the worst of...
South-Korean retail investors are losing money on Autocallables
... a reminder that potential risks can become a reality. According toย The Korea Times, South Korea's Financial...
๐๐ โ๐๐ผ๐ต๐ป ๐ฆ๐บ๐ถ๐๐ต, ๐ ๐๐, ๐ฃ๐ต๐, ๐๐๐๐, ๐๐๐, ๐๐ค๐, ๐๐ฅ๐ โ ๐ฎ๐ป ๐๐ป๐ฑ๐ฒ๐ฟ๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฒ๐ฟ?
Is accumulating post-nominal letters a sign of a competence? or a promise for future underperformance ? Regarding...
Markets
EQUITY EXOTIC RISKS SERIES : DISPERSION
A single-stock exotic trader who sells structured products is essentially in the business of buying puts and worst-of...
๐๐ค๐จ๐๐ง๐ฌ ๐๐ซ๐ข๐ง๐๐ ๐ฅ๐๐ฆ๐๐ฆ ๐ฆ๐๐ฅ๐๐๐ฆ: ๐๐๐ฉ๐๐๐๐ก๐๐ฆ
As almost every structured product issued globally is bullish, the flow from retail investors is essentially "long...
US Presidential Election, VIX and OPTION MARKET
ย On Monday, October 7, the ๐ฉ๐๐ซ ๐ท๐๐บ๐ฝ๐ฒ๐ฑ ๐ฏ๐ ๐ฏ ๐ฝ๐ผ๐ถ๐ป๐๐, seemingly without cause. However, the reason is purely 'technical':...