How long does it take to read Dynamic Hedging?
managing vanilla and exotic options
Dynamic Hedging by Nassim Nicholas Taleb takes about 9 hours 17 minutes to read at 250 words a minute.
About 9 hours 17 minutes
A week or two of reading
First published 1997. 506 pages, about 139,150 words.
19 days at 30 minutes a day
Estimate based on 275 words per page.
At other speeds
| Slow, 150 words a minute | 15 hours 28 minutes |
| Average, 250 words a minute | 9 hours 17 minutes |
| Fast, 400 words a minute | 5 hours 48 minutes |
The page count is the median across 1 edition, so your copy may differ. How we calculate.
About the book
Dynamic Hedging is the definitive source on derivatives risk. It provides a real-world methodology for managing portfolios containing any nonlinear security. It presents risks from the vantage point of the option market maker and arbitrage operator. The only book about derivatives risk written by an experienced trader with theoretical training, it remolds option theory to fit the practitioner's environment. As a larger share of market exposure cannot be properly captured by mathematical models, noted option arbitrageur Nassim Taleb uniquely covers both on-model and off-model derivatives risks.
Subjects: Options (Finance), Hedging (Finance), Derivative securities, Exotic options (Finance), Risk assessment
