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Aparna Krishnan is Hiring for Opyn 👩‍🚀 Profile picture
Aparna Krishnan is Hiring for Opyn 👩‍🚀
@aparnalocked
Co founder @opyn_, @Mechanism_Labs, UC Berkeley, @CalBlockchain, @thielfellowship
Mar 31, 2020 • 10 tweets • 3 min read
1/ Lesson 2: Options are a fundamental risk management tool because they allow for hedging against both directional movements (did the price go up or down) and volatility (how far prices move from central avg) of the underlying asset (Eg. ETH / stocks /bonds) 2/ The payoffs for the buyer / holder of a put option is as below: Image