Options pricing models all revolve around probability theory. Though the math is done for you by your trading platform, we believe that understanding the number crunching behind the scenes will jump-start your trading. Join us as we show you how it's done.
The Kelly criterion is a result in provably optimal gambling strategy that contains useful lessons for traders, but it is based on some very strong assumptions.
Jacob joins Tom and Tony discuss the unintuitive consequences of making trades when we have no ability to guess future outcomes.
Today, Jacob joins Tom and Tony to untangle these topics, examine what sort of reversions we can actually expect to happen and which would violate the efficient market hypothesis, and identify what aspects of high IV actually make it a good opportunity for tastytraders.
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