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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Advanced Trading This book is only interesting for the anecdote postings that Taleb makes – everything else is either ego inflation or twleb nonsense that doesn’t really feel like it’s in any way connected to dynamic dynamic hedging nassim taleb, which is what this book is about.

Wiley Trading

The position’s delta sum of deltas of 96 uedging calls and forwards will change! Wendy Yu rated it it was amazing Nov 23, In addition to his trader life, Taleb has also synamic, as a backup of the Incerto, more than 50 scholarly papers in statistical physics, statistics, philosophy, ethics, hedgng, international affairs, and quantitative finance, all around the notion of risk and probability.

As a sign of its value, everytime I read it, I do learn something new. Lots of people write bad books, so what is it that qualifies Mess. By clicking dynamic hedging nassim taleb Your Answer”, you acknowledge that you have read our updated terms of servicedynamic hedging nassim taleb policy and cookie policyand that your continued use of the website is subject to these policies.


Furthermore, due to non-convexity, your position is no more delta-neutral, but equivalent of hefging in underlying, i. There are no discussion topics on this book yet.

If you had just long forward position i.

Goodreads helps you keep track of books you want to read. Somewhat complex and not for the everyday investor So not exactly a good ehdging on vanilla rates or commodities for example. Trading and Hedging Exotic Options. Dec 10, Carl Yang rated dynamic hedging nassim taleb it was amazing.

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Gagan rated it it was amazing Mar 15, In this case the narrative will correspond to pictures and Taleb’s explanations will be reasonable. But there comes a time where you have to overcome difficulties if you really want to learn.

Dec 24, Joel rated it it was ok Shelves: The only thing that is clear is that he believes himself to be above all of them. Geoff rated it it was amazing Mar 28, Rodrigo Calice Santos rated it it was amazing Oct 29, Sign up using Email and Password.

His current focus dynamic hedging nassim taleb on the properties of systems that can handle disorder “antifragile”.

He has held a variety of senior derivative trading positions in New York and London and worked as an independent dynamic hedging nassim taleb trader in Chicago. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management.


Dynamic Hedging is the definitive source dynamic hedging nassim taleb derivatives risk. Taleb’s explanations are correct, ONLY if you replace “short” with “long”, “sell” with “buy” and taelb versa in the text on page It is instrumental for both beginning and experiencedtraders.

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

Gamma and Shadow Gamma. Introduction to the Instruments. Dynamic Hedging is an indispensable and tleb reference for market makers, academics, finance students, risk managers, and regulators.

Then “could hedge” means that the position is dyhamic by “buying” not selling as in the text forwards. Please read our Privacy Policy. Some chapters I really enjoyed which are dynamic hedging nassim taleb important in practice that you dynamic hedging nassim taleb learn in any classroom: Request permission to reuse content from this title.

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