Dave White is a Research Partner at Paradigm. Previously, Dave was a quantitative trader and researcher at firms including Headlands, Two Sigma, and Cutler Group. He is three credits shy of an A.B. in Mathematics from Harvard University.
Written by Dave
Introduction This paper introduces a new type of derivative, the everlasting option. Everlasting options give traders long-term options exposure without the effort, risk, or expense of rolling positions. We derive [→]