Best of Volatility Views: Busting Skew Myths
Best of Volatility Views: Busting Skew Myths\n
Busting Skew Myths! Does the Lottery Effect actually exist? Do flaws in the Black-Scholes model create skew? Were options traders prior to 1987 completely insane? Also, an exploration of the fundamental and psychological causes of Equity/Investment skew. \n