Hi ,
I passed the exam too ....well i have a wide deviation though section wise. Credit (1), Op (1) , Mk (2), current issues(2), Risk and Investment (4 !!!)
@djh2121: I guess your explanation went beyond the theoretical concepts covered in FRM. Great ! .
Well , for exam purpose , I think that given a choice which option is undervalued, I could choose the deep OTM Put or deep ITM Call (in case of equity option) and ITM/OTM Call / Put for currency...
Thanks Shakti.
I have a doubt with regards to # 1. My understanding is that, because of the implied volatility, the OTM/ITM currency options are actually undervalued. The BSM predicts a Implied Vol of Straight line where as in the reality we have the smile or smirk. So does not that mean that...
Hi David,
Hope you are doing good.
Below are few questions which I want to clarify.
1. Based on the Implied Volatility, the OTM Put or ITM Call is undervalued. ( I am assuming the regular left skewed Volatility Smile in this regards). Please correct if I am wrong.
2. Which Option has the...
Hi David.... I am a P2 candidate for this Nov 16th exam.
I have a few questions :
1. Do you have any video or readings w.r.t Flash Crash and the probable causes .
2. Will you publish some last minute suggestions and practice questions .
3. I have a few questions in Schwesar (FRM qs) and...
Hi David / Suzzane,
I am paid member since Aug 15th 2013. Going by what is mentioned in the website, it seems that the Daily Questions are periodically consolidated in the study planner. I can see some of the operational risk related Practice Questions pdf already. So i am not following Daily...
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