“The least successful traders have a certain naïve confidence in their math skills”.
Much of my life as a so-called financial analyst has focused on understanding the abstract concept of the volatility surface.
I’d heard good things about this book from my friends – they’d remarked that this booked helped them to translate financial modelling theory into practice.
Espen Gaarder Haug is an option pricing god. He’s passionate about derivatives, and in this book he’s documented almost every single option developed in the last 30 years.