Greexotics – A First Step in the Land of Exotic Derivatives Greeks – Part 2

Following the first article of the series in which we analyzed the greeks of a Binary option, in this second part of the series we would like to introduce Asian options and their greeks. Asian options are part of a broader macro-class of exotic derivatives named Path Dependent Derivatives; in fact exos can be divided […]

Our views on Twitter Share Price

In our Special Report (http://bsic.it/2013/10/19/bsic-special-report-twitter-ipo/), we analyzed Twitter’s characteristics, comparables and ratios. We valued Twitter shares at approximately 25$, really close to the final offering price (26$). After the IPO, Twitter’s share price dramatically soared to 45$, an unbelievable 72% surge: Analysts seem to agree with our view, and Mr. James Mackintosh, investment editor at […]

Trade idea: short put Nikkei – strike 14000

From a technical point of view, NIKKEI recent movements do not deliver any blatant signal to ground expectations on: last closure stands close to the moving average and the RSI lies flat around 50.  However, we believe it’s worth to take a stand on the general markets’ sentiment over Japan. Specifically, BoJ speech delivered on […]

Trade idea: take advantage of the low-volatility environment with a butterfly strategy

Trade idea: take advantage of the low-volatility environment with a butterfly strategy After breaking several all-time highs the US indices are now poised to move higher with less and less volatility. Good news coming from the job market and retail sales is welcome with a sudden decrease in implied volatility and low levels of realized […]