just wondering if two underlyings have the same correlation (in terms of price), do their IV's also have that same correlation?
also, with:
http://www.risklatte.com/volatilityToday/volatilityToday041221.php
under case 3, shouldn't the buying and selling of yen leave a net balance of 2.4million yen i.e. $22,857 USD hedging profit (not the stated 7582 USD) ?
also, with:
http://www.risklatte.com/volatilityToday/volatilityToday041221.php
under case 3, shouldn't the buying and selling of yen leave a net balance of 2.4million yen i.e. $22,857 USD hedging profit (not the stated 7582 USD) ?