AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Dr. Benn Eifert - Bad Ideas (S3E3)
Flirting with Models
Is This a Mark-to-Market Loss?
When you're trading an option, you're buying or selling a certain price that corresponds to a certain payoff. The VIX is actually the market price of something called a one month variance swap on the S&P 500. And entering into a super negatively asymmetric trade for an extremely small limited upside just doesn't make sense in light of a possible loss we could lose.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode