maybe derivatives are not that scary after all.

they are complex, no doubt abt it, but it's brilliant. it's so amazing, and mildly addictive as well.. finally i get a practical sense of how black scholes work, albeit largely on an intuitive level. but hey, that's gd enough for me.

even if nothing happens, all of this has been an interesting read.

and just to share a quick money-making tip in view of the festive season, which is perhaps best employed on the non-locals. our bank gave us red packets for the CNY. a collegue fr lugano happily opened his before the 15 day CNY period ended, so i told him that was bad luck. and now he wants to give the ang bao away. =)