@VXXC2014 a stock goes above a certain price. So many options end up worthless, and most are hedged. Stock options are not so important
@VXXC2014 I agree that the financial system is increasingly unstable, but consider stock options as example derivative. Eg Option to buy if
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@VXXC2014 my point is that notional may not have that much correlation with actual value or instability. Need other measures
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