2
votes
1answer
96 views

a good book on option pricing from theoretical and practical aspect [duplicate]

This is the situation someone I know is in: She has good understandings of stochastic calculus and the very basics about black-scholes and binomial model, but nothing more. Her background is in ...
4
votes
0answers
374 views

ATM volatility versus OTM volatility and directional standard deviation

The forward instrument vol curve is skewed to the downside (50 delta risk reversal, 25 put, 25 call) were trading several ticks to the put). Is there a smaller standard deviation (in price terms) to ...