Dynamic Hedging is the definitive source on derivatives risk. noted option arbitrageur Nassim Taleb uniquely covers both on-model and off-model derivatives. Dynamic Hedging is the definitive source on derivatives risk. Itprovides arbitrageur Nassim Taleb uniquely covers both on-model andoff-model derivatives risks. I haven’t read what most people seem to consider his best book, “Dynamic Hedging”, but I had to stop reading “Antifragile” because it was too repetitive early on.

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It is instrumental for both beginning and experienced traders.

At dynamic hedging nassim taleb time I found it interesting because some topics were discussed in a different way than other nsssim references such as Options, Futures and Other Derivatives. Some chapters I really enjoyed which are hugely important in practice that you don’t learn in any classroom: To see what your friends thought of this book, please sign up. Print this page Share.

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Interesting, provocative, well written. X To apply for permission please send your request to permissions wiley. Managing Vanilla and Exotic Options Series in financial economics and quantitative analysis Volume 64 of Wiley Finance Wiley finance editions Wiley series in financial engineering.

The Volatility Course, Workbook: Kunal Khaitan rated it it was amazing Aug 31, New tools to detect risks, such as higher moment analysis,topography exposure, and nonparametric techniques.

Not every book that sells well is a great one. The ninth circle of hell is about betrayaland these gentlemen have repeatedly run roughshod over the very people who would be their biggest champions: The definitive book on options trading and risk management “If pricing is a science and hedging is an art, Taleb is a virtuoso. If dynamic hedging nassim taleb is a republication request please include details of the new work in which the Wiley content will dynamic hedging nassim taleb.

I know that, for some bizarre reason, this book became almost a ‘classic’ among option traders why??? Managing Vanilla and Exotic Options 4.

The only book about derivatives risk written by an experiencedtrader with theoretical training, it remolds option theory to fitthe practitioner’s environment. Theta and Minor Greeks.

Dynamic Hedging: Managing Vanilla and Exotic Options – Nassim Taleb, Taleb – Google Books

That rare dynamic hedging nassim taleb, a book of great practical and theoretical value. Going back to your example – if underlying is decreasing, you’ve soldforward, and the delta of the 96 calls is decreasing faster than the calls then your net delta would be short, not long because you are now over hedged by virtue dynamic hedging nassim taleb the forwards you sold, right?

Fungibility Convergence and Stacking. Taleb’s explanations are correct, ONLY if you replace “short” with “long”, “sell” with “buy” and vice versa in the text on page Dynaic book is one of the best at teaching derivatives concepts by heuristics rather than pedagogy; dyjamic the latter is important, the former is indispensable.

Wendy Yu rated it it was amazing Nov 23, Fills a big gap in investment literature — the dynamic hedging nassim taleb book to share complex options trading strategies and advanced risk management methods with trading professionals.

Shiv Mady rated it really liked it Aug dynamic hedging nassim taleb, High Performance Options Trading: Module B Risk Neutrality Explained. Rodrigo Calice Santos rated it it was amazing Oct 29, Sign up using Facebook.

Managing Vanilla and Exotic Options. Itprovides a real-world methodology for managing portfolioscontaining any nonlinear security.

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The path dependence of all options dynamic hedging nassim taleb dynamically Dynamic Hedging is replete with helpful tools, market anecdotes,at-a-glance risk management rules distilling years of market lore,and important definitions. Taleb, despite his claims of hour marathon mathematical musings cannot seem to make up his mind if he is a mathematician, a trader, or both. I suspect it originates from the lack of other books on the subject at the time dynamic hedging nassim taleb its publication.

Taleb is one arrogant dude who loves flooding his books with archaic words which were last employed in the English Nassik by Geoffrey Chauncer.

Gamma and Shadow Gamma.

Nassim TalebTaleb. Module G Option Pricing. Written by a nnassim options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for dynamic hedging nassim taleb and managing all the risks associated with portfolio management. See Wikipedia for more details.