macrocephalopod on Twitter: "Broke: shorting options Woke: shorting out of the money put options Bespoke: shorting a basket crafted to give you maximum downside exposure in the case of a vol blowup 😎… https://t.co/IrU8qC9sWt"

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‏ @Ksidiii

For those who didn’t get the joke professor Derman wrote the book lol. I’m a fan of his work including the pieces he has on Var swaps. For those asking for vol reading material, I would highly suggest you guys follow him and check out his work @EmanuelDermanhttps://twitter.com/Ksidiii/status/1357524679976755201 …

Kris Sidial @Ksidiii

Replying to @EmanuelDerman

I think I may read it, I’m just hoping it’s not as tough a read as that book The Volatility smile. I read that during my junior years... man would I like to run into the guy who wrote that thing to give him a piece of my mind

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