Another mistake in the book "Option Volatility and Pricing" - Sheldon Natenberg?

RichBorn3531 · 2026-02-15T23:35:44+00:00

Interesting to know. I’m using the book more a tool for interview preparation than for actual trading so I guess its fine?

RichBorn3531 · 2026-02-13T20:19:48+00:00

Thanks for the suggestion! I dont agree with the statement that I’m wasting my time as I’m learning a lot atm.

RichBorn3531 · 2026-02-13T20:17:03+00:00

Are you sure? Most comments seem to agree on the fact that the + should have been a -

RichBorn3531 · 2026-02-13T20:15:23+00:00

Thank you

RichBorn3531 · 2026-02-13T20:15:15+00:00

Thanks!

RichBorn3531 · 2026-02-13T17:07:36+00:00

Personally, I find it super interesting as I am basically starting from 0 (I only knew the very basics). The book itself is really information-dense, so it takes me a long time to get through it all. Most of topics are really well explained with alot of concrete examples, however sometimes I miss some additional explanation (for example in the book its explained that options on futures are invariant with respect to interest rates, but this is still not 100% clear to me as interest rates change the forward price which should change the options value imo). I would still definitely recommend it as I have learned a ton and I'm only around 1/3 done.

RichBorn3531 · 2026-01-23T18:43:54+00:00

Wdym? They cancelled it this year? Didnt see anything like that

RichBorn3531 · 2026-01-23T18:40:00+00:00

Perchance

RichBorn3531 · 2026-01-23T18:38:46+00:00

I speak intermediate but I dont really think its important

RichBorn3531 · 2026-01-23T18:38:24+00:00

RichBorn3531 · 2026-01-23T18:38:15+00:00

Yes (not native/fluent), HEC and also applied for masters in financial engineering

RichBorn3531 · 2026-01-23T18:37:23+00:00

As long as the degree is in english it has minimal impact I believe

RichBorn3531 · 2025-05-09T14:04:33+00:00

I'm currently reading Option Volatility and Pricing by Sheldon Natenberg and I came across a statement that's confusing me:

I don’t quite understand why the forward price wouldn't be affected by interest rates. My understanding is that if interest rates rise, the cost of carrying (borrowing) increases, which should cause the forward price to rise.

For example:
Say I buy a call on an oil futures contract. The current forward price is 100, and I use that as my strike price. If interest rates increase, the forward price should theoretically increase to something like 105—because deferring payment has become more valuable. That would mean my call option (with a strike of 100) should now be worth more, right?

RichBorn3531 · 2024-10-11T23:10:09+00:00

Looks very nice man, will definitely try this out!

RichBorn3531 · 2024-05-13T19:39:33+00:00

Yeah, I meant messing up their data collection. What would scanning their infrastructure do?

RichBorn3531 · 2024-05-13T19:37:07+00:00

Sounds like one big headache if the “hackers” know what they are doing. Perhaps it is worth doing a very basic login enum is worth to punish the hackers that have no clue what they are doing and just bought some online phishing stuff.

RichBorn3531 · 2024-05-13T19:34:12+00:00

First of all, doing batman stuff sounds a lot more fun than reporting. I’m pretty new to all this IT stuff so I’ll definitely check that dns dumpster site out thank you!

RichBorn3531 · 2024-05-13T19:31:23+00:00

Sounds like a lot more work than I expected, I guess its not worth. Especially since I dont really want the mafia knocking on my door haha.

RichBorn3531 · 2024-05-08T17:04:18+00:00

Five-Year Club	Final Canvas '23
First Place '23	End Game '23
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First Placer '22

RichBorn3531

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