What happens to your position if volatility drops dramatically?
(Use an option calculator that can do American as well as European pricing)
The short American put will never drop below its intrinsic value, but the bottom will fall out from below the European put and, if all other...
It seems this forum started off with an unnecessary and insulting initial statement and doesn't have anywhere to positive to go unless we ignore the offensiveness and defensiveness that it has inspired.
My work friends are all PhDs. They worked extremely hard on very difficult and arcane...