Options and Our Financial Future
Lecture no. 7 from the course: What Are the Chances? Probability Made Clear
Taught by Professor Michael Starbird | 31 min | Categories: The Great Courses Plus Online Mathematics Courses
By characterizing the expected behavior of a stock in the future and describing a probability distribution of its likely future price, mathematicians can quantify sophisticated risks in options contracts. However, the practice can be a very dangerous game.