Alpha Exchange cover image

Assessing Recent Dynamics in the World of Vol

Alpha Exchange

00:00

The Price of Insurance in the Black Sholes World

In the Black Sholes world, the vol of an asset is both known and constant. In markets, by contrast, leverage, both high and low, can characterize unique regimes. The VXX has shed 55% of its value, just in 2023 alone.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app