Re:The Black-Scholes formula, explained (2019)
by jevgeni on Monday April 12, 2021 @02:33AM
(#26776561)
I am being flippant about a topic where HN readership thinks that their cursory knowledge of it makes them experts.
I mean, I agree with you. But to me, the whole complexity is just moved to vol modeling. BS with its economic assumptions is just an empty shell now, so to speak.
I mean, I agree with you. But to me, the whole complexity is just moved to vol modeling. BS with its economic assumptions is just an empty shell now, so to speak.