Will someone who has studied and understands Thorp's warrant strategy, please put it in a futures market or stock market equivalent to help me fully grasp his concept. Thanks
sorry pal trading is the loneliest job in the world how else do you explain that I go around saying JAFFA KREE, Bow down to your GOD
Basically comes down to delta hedging, importance of book is that it was published before Black- Scholes was accepted by the wider market. Although Taleb and others argue (correctly) I think that the market had the insights already. Thorpe's book is an example of what they are talking about.
This question really belongs in the Options section - I almost didn't even see it here. Please re-post it there and you'll get a response from me and possibly others.