Options glossary · The model
Skew
The volatility curve across strikes. Downside puts trade above upside calls in equities, because markets grind up and fall hard, and black swans occur more often than a normal distribution allows.
Where it comes up
Part 2 of the course, Option pricing: what goes into a price, the straddle approximation, Black-Scholes and where it stops being true. See the course →
The full picture
Three and a half hours with the man who traded these
Sven Hubens, ten years an options market maker at Optiver and Maven, adjunct faculty at The Options Institute at Cboe.
- 3h 32m of video in 58 chapters
- 128 slides
- Subtitles in 16 languages
- A certificate a firm can verify
See the course
€59.95 incl. 21% VAT · six months of access
Education, not advice. Amsterdam Investment Club is not licensed by the AFM to give individual investment advice.