option trading
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 18, 2026 by Anand Gandhi · across every show →
Everything said about option trading, oldest first
Aug 18, 2026 neutral
Gandhi: Merton's Option Pricing Formula Became Real Only After Markets Adopted It
“Robert Meton looked at option trading and saw that option trading is, is not an exact science. It's guesswork. So he created a formula for pricing options correctly. And for the first few years, the formula just didn't seem to work. The markets did not end up …”