際際滷shows by User: ilyagikhman71 / http://www.slideshare.net/images/logo.gif 際際滷shows by User: ilyagikhman71 / Mon, 31 Jul 2017 15:47:38 GMT 際際滷Share feed for 際際滷shows by User: ilyagikhman71 Last my paper equity, implied, and local volatilities /slideshow/last-my-paper-equity-implied-and-local-volatilities/78418466 lastmypaperequityimpliedandlocalvolatilities-170731154738
In this paper we present a critical point on connections between stock volatility, implied volatility, and local volatility. The essence of the Black Scholes pricing model is based on assumption that option piece is formed by no arbitrage portfolio. Such assumption effects the change of the real underlying stock by its risk neutral counterpart. Market practice shows even more. The volatility of the underlying should be also changed. Such practice calls for implied volatility. Underlying with implied volatility is specific for each option. The local volatility development presents the value of implied volatility.]]>
In this paper we present a critical point on connections between stock volatility, implied volatility, and local volatility. The essence of the Black Scholes pricing model is based on assumption that option piece is formed by no arbitrage portfolio. Such assumption effects the change of the real underlying stock by its risk neutral counterpart. Market practice shows even more. The volatility of the underlying should be also changed. Such practice calls for implied volatility. Underlying with implied volatility is specific for each option. The local volatility development presents the value of implied volatility.]]> Mon, 31 Jul 2017 15:47:38 GMT /slideshow/last-my-paper-equity-implied-and-local-volatilities/78418466 ilyagikhman71@slideshare.net(ilyagikhman71) Last my paper equity, implied, and local volatilities ilyagikhman71 In this paper we present a critical point on connections between stock volatility, implied volatility, and local volatility. The essence of the Black Scholes pricing model is based on assumption that option piece is formed by no arbitrage portfolio. Such assumption effects the change of the real underlying stock by its risk neutral counterpart. Market practice shows even more. The volatility of the underlying should be also changed. Such practice calls for implied volatility. Underlying with implied volatility is specific for each option. The local volatility development presents the value of implied volatility. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/lastmypaperequityimpliedandlocalvolatilities-170731154738-thumbnail.jpg?width=120&amp;height=120&amp;fit=bounds" /><br> In this paper we present a critical point on connections between stock volatility, implied volatility, and local volatility. The essence of the Black Scholes pricing model is based on assumption that option piece is formed by no arbitrage portfolio. Such assumption effects the change of the real underlying stock by its risk neutral counterpart. Market practice shows even more. The volatility of the underlying should be also changed. Such practice calls for implied volatility. Underlying with implied volatility is specific for each option. The local volatility development presents the value of implied volatility.
Last my paper equity, implied, and local volatilities from Ilya Gikhman
]]> 48 2 https://cdn.slidesharecdn.com/ss_thumbnails/lastmypaperequityimpliedandlocalvolatilities-170731154738-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post http://activitystrea.ms/schema/1.0/posted 0 Basic of pricing 2 /slideshow/basic-of-pricing-2/41602872 basicofpricing2-141115164739-conversion-gate01
In this paper we develop a new approach to corporate bonds pricing.]]>
In this paper we develop a new approach to corporate bonds pricing.]]> Sat, 15 Nov 2014 16:47:39 GMT /slideshow/basic-of-pricing-2/41602872 ilyagikhman71@slideshare.net(ilyagikhman71) Basic of pricing 2 ilyagikhman71 In this paper we develop a new approach to corporate bonds pricing. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/basicofpricing2-141115164739-conversion-gate01-thumbnail.jpg?width=120&amp;height=120&amp;fit=bounds" /><br> In this paper we develop a new approach to corporate bonds pricing.
Basic of pricing 2 from Ilya Gikhman
]]> 228 1 https://cdn.slidesharecdn.com/ss_thumbnails/basicofpricing2-141115164739-conversion-gate01-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post http://activitystrea.ms/schema/1.0/posted 0 https://public.slidesharecdn.com/v2/images/profile-picture.png https://cdn.slidesharecdn.com/ss_thumbnails/lastmypaperequityimpliedandlocalvolatilities-170731154738-thumbnail.jpg?width=320&height=320&fit=bounds slideshow/last-my-paper-equity-implied-and-local-volatilities/78418466 Last my paper equity, ... https://cdn.slidesharecdn.com/ss_thumbnails/basicofpricing2-141115164739-conversion-gate01-thumbnail.jpg?width=320&height=320&fit=bounds slideshow/basic-of-pricing-2/41602872 Basic of pricing 2