Alpha Exchange cover image

Assessing Recent Dynamics in the World of Vol

Alpha Exchange

CHAPTER

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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner