to the part where you say futures speculation is a zero sum game.. technically you’re right but that doesn’t mean the person or institution on the other side of your trade is your competition and that therefore you should be assuaged from competing against them. Because the other side of the trade is also the hedgers! They are seeking to offset risk on a speculator, without regard on where that price might go, only that it stabilizes their profit margin for their own business enterprise.. like you said, they purposefully enter this trade to cap off their losses knowing that it also caps off their gains, and those gains they cap off are shifted over to the speculator (which is the “loss” you speak of on the other side of a winning speculator)! That’s not half the people in futures trading losing, that’s everyone winning because the hedgers make money off their ability to plan from stable commodities prices to build their enterprise while the speculator makes money on the prices moving according to how they predicted. Of course a speculator can be wrong, but that’s not due to any competition he is in with the hedger.
@kevinbracker18 күн бұрын
All great points and no argument from me.
@seeanneramsuran270125 күн бұрын
Great work ..Thank you so much Kevin
@TheSchullern25 күн бұрын
Protect this man at all costs
@fanir33Ай бұрын
Great explanation!
@lakirris20Ай бұрын
In 2024, I am taking finance classes. Today is my third day practicing with the calculator, and I didn't understand anything. I watched three one-hour videos and still didn't understand. Thank God I found this video; it helped me a lot in just 30 minutes. Thank you so much for this tutorial. Blessings!!
@kevinbrackerАй бұрын
Glad the video was helpful!
@mekdestadesse8751Ай бұрын
your video is really helpful, simple easy to follow and well structed ....thank you ..GOD bless you
@gracexcelsАй бұрын
13yrs later and it's a blessing
@kevinbrackerАй бұрын
Thank you!
@macleandanso4890Ай бұрын
Thank you
@DerivCapital2 ай бұрын
you can do three legg boxspreads and GUTS strangles also(very very similar to box spreads and you can diagonal the box spread also(but thats expert level trading)...this dude is a debbie downer n dont know what he talking about 100's millions of dollars moves every day trading boxes incl by RETAIL Traders do these in a PM account
@kooki83992 ай бұрын
very useful
@Luciferking44442 ай бұрын
Explanation is very good & easy to understand
@constantinelimberakis62262 ай бұрын
Thank you for this - I really needed this refresher for a class I am taking in finance. Great!
@lloydmahlahla44942 ай бұрын
❤❤❤❤
@Ca_Shyamjha2 ай бұрын
It's worth watching.... Thanks Mannn.. 🤝
@dineshkundar17982 ай бұрын
Please see my recent paper "Exact Time Dependent Solutions of Black-Scholes Equation By Lie's Similarity Transformations" International Journal of Business Management and Technology, Vol.8, Issue 4 , July-August 2024
@mariyamrana22533 ай бұрын
i dont understand why we are calculating it as semi anuually?can anyone help me please?
@kevinbracker3 ай бұрын
Bond's pay interest semi-annually, so we are adjusting for that. For example, a 10-year 6% coupon bond will pay $30 every 6 months. Therefore, to get the correct answer, you need to adjust the calculator to semi-annual (2 P/Y) and the number of periods to 20 (which at 2 P/Y is 10 years). The coupon then becomes $30. It doesn't make much difference, but will typically change the answer a little bit.
@mariyamrana22533 ай бұрын
@@kevinbracker thanks a lot
@oleopathic3 ай бұрын
Good x2.
@LM-rg9lj3 ай бұрын
Best Finance Prof ever.
@prajwalraotalgar33223 ай бұрын
Watching it after 13 year of publishing😊
@Ericjosborn4 ай бұрын
Great video
@ziphomadolwana87364 ай бұрын
You are the best
@MayHopkins-k6u4 ай бұрын
Your channel is the best place to learn about trading. Thanks for your valuable work!
@kevinbracker4 ай бұрын
You're welcome!
@eveline95305 ай бұрын
Very helpful lesson!
@kj7a--5 ай бұрын
Mine won't turn off with shift c
@paulaportis85596 ай бұрын
Thank you so very much! I never knew how to use these types of calculators. I would always work the math our by hand and use a simple calculator. I appreciate and have learned how to use this calculator that is now required for my Business Finance class.
@kevinbracker6 ай бұрын
You're welcome and I'm glad you found the video helpful.
@josephgrabowski71577 ай бұрын
This was increidbly helpful for making time value of money problems so simple.
@karthikeyansubramanian93287 ай бұрын
Hi, Really loved this. Thanks. I want to calculate the options price on a future date, well before the expiry date. Say, I have purchased an option, which will expire on June 27, 2024. I want to calculate its price on May 30, 2024. Could you please help? If you can upload a video, it will be even better. Thanks.
@kevinbracker7 ай бұрын
Send me an email ([email protected]) requesting the BS Option Pricing Model spreadsheet and take a look at my BS Option Pricing Model spreadsheet (kzbin.info/www/bejne/n2HWeHSaqJ2tqqs). I'll get you the spreadsheet.
@luisasolisp7 ай бұрын
Amazing explanation. Thank you so much for sharing this valuable video.
@alansonchurch30008 ай бұрын
Great refresher!Many thanks
@Madame_Fi8 ай бұрын
Very helpful just got my calculator and was extremely lost. Thank you 🙏🏽
@ginarebecca28 ай бұрын
Thank you so much for this. 3-20-24
@husnoradelfin60748 ай бұрын
Perfect!
@poojakapoor58668 ай бұрын
So true all wrote , wanted help with calculations and jn2024 finding it so useful. Shift button use now understood was struggling so much before to get correct answers. God bless you
@jamescharamba32078 ай бұрын
Even in 2024, this is still relevant and so clear. Thank you so much!
@theflaca6 ай бұрын
I agree. Just bought my HP and I've been banging my head trying to work it out. Set at 2dp was seriously bad. What happened to the good old days when you got a manual with every product. Sound like cutting every cost every where, called greed. Thanks Kevin
@sai.maki939 ай бұрын
Man this is super helpful!!! Thank you so much!!! God bless you!!!
@joycelynngaro58269 ай бұрын
Thank you. This is more helpful to do my calculation.
@Religious_gynecologist9 ай бұрын
Did you ever know that you’re my heeeeeeeero!? You’re financially everything I wish … I could be! Thanks a bunch.
@kevinbracker9 ай бұрын
Okay, that made me LITERALLY LOL. Thanks!
@HlohonolofatsoThupudi9 ай бұрын
writing on monday my semester test and this was helpful,thanks
@RoxiDeLaRosa9 ай бұрын
Just incredible - thank you so much!! <3
@alisonhollingsworth38079 ай бұрын
Great Video!
@sanaayazji94949 ай бұрын
Super helpful
@sanaayazji94949 ай бұрын
Very helpful!!
@highwayman019 ай бұрын
Brilliant teaching, perfect speed for my old brain thank you so very much.
@private738410 ай бұрын
Is the book still available? The site does not let you create an account to download.. ;(
@kevinbracker10 ай бұрын
The book should still be available, but I don't know if it is downloadable (it's better in the online format due to embedded youtube videos, etc. anyway). You can find it here -- pressbooks.pub/businessfinanceessentials/. Pressbooks changed their terms right as I retired and it would cost more to make it available to download (it was free and now it would be $400 per year). You can download a copy from here -- digitalcommons.pittstate.edu/oer-business/1/ (Click on download)
@sheardgoodwin933510 ай бұрын
this video is an absolute life saver. Taking classes here in Denver in 2023, and this is exactly what I needed.
@kevinbracker10 ай бұрын
You're welcome. I'm always amazed that these videos I developed for my classes got such traction and have been effective for as long as they have.
@shewayeyiheyise971110 ай бұрын
Thank you
@kevinbracker10 ай бұрын
You're welcome
@EmiArsady-fr8qm10 ай бұрын
your 11 years ago video is helping me in 2024!! thankyou!
@kevinbracker10 ай бұрын
You're welcome!
@ambongyagloriane715210 ай бұрын
Well explained, thank you Sir
@kevinbracker10 ай бұрын
Thank you!
@aricori2110 ай бұрын
Very well taught, I thought it was difficult after learning it in university but after watching your videos it feels like a joke. Thank you!!
@kevinbracker10 ай бұрын
Means a lot...Thank you!
@AbcDoGain10 ай бұрын
I had the same impression, these time I just learned to be approved. But never forgot which it was important.
@ypolub10 ай бұрын
It is unclear where does the volatility comes from. I believe it is calculated from the market value of the option contract.
@kevinbracker10 ай бұрын
Volatility refers to the volatility of the underlying stock (or other asset) that the option is based on. For example, if I was buying a call option on TSLA, it would be the volatility of Tesla that I would use. The key though is that it is based on implied volatility (which may be very different than past volatility). There are multiple reasons (including earnings announcements between the time the option is purchased and expires) where implied volatility is your "best guess" as to what the actual volatility will be. That said, it is often close to what it has been over the past few weeks.