Wilmott Inner Circle

The Irony in the Variance Swaps

26th September 2018 admin 0

Irony, according to the Oxford English Dictionary, is (a) a figure of speech in which the intended meaning is the opposite of that expressed by the words used (b) a condition of affairs or events […]

Articles

Introduction to Variance Swaps

16th April 2018 Editor 0

The purpose of this article is to introduce the properties of variance swaps, and give insights into the hedging and valuation of these instruments from the particular lens of an option trader. Section 1 gives […]