The Risk Calculator

Risk at risk is my way of measuring kind of how much premium you have on the table at any one time. Value at risk dictates your potential loss because we're taking double that right now. The total package as a percent of notional versus the short strike is someone like 2% right so it's extremely leveraged that you can get right. We really want to use the credit as a proxy for risk but this risk calculator is really going to give an idea of what exactly where this value at risk comes from.