These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle What is a Delta Neutral Portfolio? Delta neutral portfolios are portfolios of options and the underlying instrument with multiple positions with balancing positive and negative deltas so that the overall delta of the portfolio sums to zero. Delta measures how much an option's price changes when the underlying security's price changes. As the value of the underlying assets changes, the position of the Greeks will shift between being positive, negative and neutral. Investors who want to maintain delta neutrality must adjust their portfolio holdings accordingly. Options traders use delta neutral strategies to profit either from implied volatility or from time decay of the options. Delta neutral strategies are also used for hedging purposes. A related term, delta hedging is the process of setting or keeping the delta of a portfolio as close to zero as possible. In practice, maintaining a zero delta is very complex because there are risks associated with re-hedging on large movements in the underlying stock's price, and research indicates portfolios tend to have lower cash flows if re-hedged too frequently. Delta hedging may be accomplished by buying or selling an amount of the underlying that corresponds to the delta of the portfolio. By adjusting the amount bought or sold on new positions, the portfolio delta can be made to sum to zero, and the portfolio is then delta neutral. Options market makers, or others, may form a delta neutral portfolio using related options instead of the underlying. The portfolio's delta (assuming the same underlying) is then the sum of all the individual options' deltas. This method can also be used when the underlying is difficult to trade, for instance when an underlying stock is hard to borrow and therefore cannot be sold short. what is delta gamma theta vega in options

Thanks to Squarespace for sponsoring this video: http://squarespace.com/jamesbruton - use the code JAMESBRUTON at the checkout. I love 3D Printed giant LEGO, and I love robots. So I decided to build a robotic giant LEGO minifig that can ride on an electric skateboard! I used brushless motors in the wheel hub and a servo in the waist to make him steer - on actual skateboard trucks than can steer. We probably need to fix some things for part 2 though. Tinufel: https://www.instagram.com/tinufel_cosplay/ Get the project CAD from: https://github.com/XRobots/LEGOSkater Minifig Hair from: https://www.thingiverse.com/thing:164758 ① HARDWARE/SOFTWARE What more important hardware is there in life than the clothes on your back and the cup in your hand. You can get your own Robot X tee or openDog mug at the link below: Teespring: https://teespring.com/stores/james-bruton Below you can also find a lot of the typical tools, equipment and supplies used in my projects. Some of these links are affiliate links, meaning, at no additional cost to you, I might earn a little extra if you click and make a purchase. Lulzbot 3D Printers: http://bit.ly/2Sj6nil Lincoln Electric Welder: http://bit.ly/2UyA576 CNC Router: https://bit.ly/2QdsNjt Ryobi Tools: http://bit.ly/2RhArcD Axminster Micro Lathe: http://bit.ly/2Sj6eeN 3D Printer Filament: http://bit.ly/2PdcdUu Soldering Iron: http://bit.ly/2DrNWDR Vectric CNC Software: http://bit.ly/2zxpZqv And don't forget the code for some of my projects is available on my GitHub here: https://github.com/xrobots ② GENIUS No MacArthur grant yet. But while I’m still waiting by the phone for that call, maybe you might patronise me with your Patreon-age or pick up some of my merchandise. Or, if you’re all out of digital cash just comment on one of my hilarious Instagram pics, pop me a Tweet or generally yell in my direction. Patreon: https://www.patreon.com/xrobots Teespring: https://teespring.com/stores/james-bruton Instagram: https://www.instagram.com/xrobotsuk Facebook: https://www.facebook.com/xrobotsuk/ Twitter: https://twitter.com/xrobotsuk Huge thanks to my patrons, without whom my standard of living would drastically decline. Like, inside out-Farm Foods bag decline. Plus a very special shoutout to Aleph Objects, Inc who keep me in LulzBot 3D printers and support me via Patreon. Why not join my community, who are mostly made up of actual geniuses. There’s a Facebook group and everything: https://www.facebook.com/pg/xrobots.co.uk/community ③ XROBOTS Former toy designer, current YouTube maker and general robotics, electrical and mechanical engineer, I’m a fan of doing it yourself and innovation by trial and error. My channel is where I share some of my useful and not-so-useful inventions, designs and maker advice. Iron Man is my go-to cosplay, and 3D printing can solve most issues - broken bolts, missing parts, world hunger, you name it. XRobots is the community around my content where you can get in touch, share tips and advice, and more build FAQs, schematics and designs are also available. ④ MUSIC AND SFX The majority of the music and SFX used in my videos is from Epidemic Sound http://share.epidemicsound.com/xrobots

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle What is Options Delta? The first Greek we will learn about in this video series is Delta, which measures how much an option's price will change for a 1% change in the price of the underlying security or index. For example, a Delta of 0.40 means that the option's price will theoretically move $0.40 for every $1 move in the price of the underlying stock or index. Call options Have a positive Delta that can range from zero to 1.00. At-the-money options usually have a Delta near .50. The Delta will increase (and approach 1.00) as the option gets deeper in the money. The Delta of in-the-money call options will get closer to 1.00 as expiration approaches. The Delta of out-of-the-money call options will get closer to zero as expiration approaches. Put option Delta Put options have a negative Delta that can range from zero to -1.00. At-the-money options usually have a Delta near -.50. The Delta will decrease (and approach -1.00) as the option gets deeper in the money. The Delta of in-the-money put options will get closer to -1.00 as expiration approaches. The Delta of out-of-the-money put options will get closer to zero as expiration approaches. You also might think of Delta, as the percent chance (or probability) that a given option will expire in the money. For example, a Delta of 0.40 means the option has about a 40% chance of being in the money at expiration. This doesn’t mean your trade will be profitable. That of course, depends on the price at which you bought or sold the option. You also might think of Delta, as the number of shares of the underlying stock, the option behaves like. A Delta of 0.40 also means that given a $1 move in the underlying stock, the option will likely gain or lose about the same amount of money as 40 shares of the stock. Tune in tomorrow for a video on Delta Hedging.

This video teaches you exactly how to break down a 7 against 11 polyrhythm, and play it. Why? Because memes can be a way to musical aptitude. It should have been sponsored by 7-Eleven, but wasn't. Oh well. If you want to download the 7:11 tune, its here... https://adamneelymusic.bandcamp.com/track/7-11 How to Play Music in 9/8 https://www.youtube.com/watch?v=oGN4juGQ-0A Oh, and I sampled Mikey Chen saying "7-Elevens are like the greatest thing." https://www.youtube.com/watch?v=CP6aYDssDSE (⌐■_■) ⦿WHAT'S THE BACKGROUND MUSIC?! (my band!)⦿ https://spoti.fi/2AKAAQ6 ⦿ Adam Neely T-shirts! ⦿ https://teespring.com/stores/adam-neely-merchandise ⦿ SUPPORT ME ON PATREON ⦿ http://www.patreon.com/adamneely ⦿ FOLLOW ME ON THE INTERNETS ⦿ http://www.facebook.com/adamneely http://www.instagram.com/its_adamneely ⦿ Check out some more of my music ⦿ http://sungazermusic.bandcamp.com http://insideoutsidemusic.bandcamp.com http://adamneelymusic.bandcamp.com Peace, Adam

Making segmented pencil holders on the lathe and things didn't turn out as planned. Brought to you by Squarespace. For 10% off your first purchase, go to: http://squarespace.com/makesomething Wood from Kencraft: http://bit.ly/2zOouoK The original plan was to start off making a couple of pencil holders mainly out of red zebra wood and cutting 12 segment rings. Segmented rings is a very efficient use of wood when turning on the lathe as there isn't much waste. This is especially critical when working with more expensive exotic woods like red zebra wood and cocobolo as we're using in this project. The feature rings on the one pencil holder has plugs cut out of the the individual segments and filled in with a contrasting piece of wood and then another hole drilled into it and filled with blue pigment epoxy. Unfortunately during the turning process a couple of the plugs chipped out so we decided to hide that area with melted crayon. This is when things went terribly wrong and the whole piece ended up getting covered in colorful crayon. On the second pencil holder I decided to add some visual texture and used a rotary tools to create little divots filled with red paint. Even though these two pencil holders didn't come out as I planned it was a fun woodworking experiment and I can use a few of the techniques in upcoming projects. ★ TOOLS ★ Table Saw: https://amzn.to/2MgDiBz Yellow Push Block: https://amzn.to/2U7uDEq Kreg Trac and Stop: https://amzn.to/2Euhf8a Drill Press: https://amzn.to/2VZKSox Forstner Bit Set: https://amzn.to/2tAppFA 2.75" Forstner Bit: https://amzn.to/2BPIAQg Plug Cutter: https://amzn.to/2XlKsJT Large Bandsaw: https://amzn.to/2RRMRMn Glue: https://amzn.to/2U3BNtq Adhesive Back Sandpaper: https://amzn.to/2XlXoiP Small Bandsaw Blade: bit.ly/2oMdQcQ Drill: https://amzn.to/2Etcv2r Lathe: https://amzn.to/2suiBZK Turning Tools: https://amzn.to/2EuiFzr Dremel Tool: https://amzn.to/2EuBAKD Carving Bit: https://amzn.to/2E73Q4u Spray Paint: https://amzn.to/2Ef1rVk Simple Finish: https://amzn.to/2XjyTCU ★ WATCH MORE ★ What's in My Drawers: https://youtu.be/drVvtOUa9Sc Building My Dream Workshop: https://youtu.be/4RfceXkkGgc Making My Workbench: https://youtu.be/SHIv06chPok Rolling Tool Cart: https://youtu.be/O3w-V6XiSPE Miter Station Build: https://youtu.be/5cZpzrDZrZg ★ ALL THE LINKS ★ Music by Me: http://bit.ly/2RaJ88k Patreon Support / Extra Content: http://patreon.com/picciuto T-Shirts / Books / Stickers / Plans: https://makesomething.com My Other YouTube Channel: https://www.youtube.com/c/makesomething2 Making It Podcast: http://makingitpodcast.com ★ FOLLOW ME ★ https://twitter.com/drunkenwood https://instagram.com/MakeSomethingTV #woodworking #turning

Its time for a JerryRigEverything Question and Answer. My last Q&A video was... almost 8 months ago? Its high time for another. This time around we discuss important topics like Pizza toppings, what gets me up in the morning, and what cell phones my parents use. To learn more about where my channel name 'JerryRigEverything' came from watch this video on how we mouse proofed a cabin that my grandpa 'Jerry' built. https://youtu.be/gKebFkTmKDE Get 1000 miles of free Tesla supercharging with my link: https://ts.la/zack10701 Camera setup tour: https://twitter.com/zacksjerryrig/status/950122970248134657 Check out my 2nd Channel 'ZacksJerryRig' HERE: https://www.youtube.com/channel/UC0sytTpk1adR_cfjHhiJ08Q 0:15 What are your parents daily driver cell phones? 0:57 What is a recent tech product you regret buying? 1:43 What phones are you looking forward to tearing apart in 2019? 2:05 What is your viewership distribution with different countries? 2:50 How many times are you recognized in public? 3:29 Do you like Pineapple on Pizza? 3:39 Will you make more Toyota Videos? 4:10 Have you pre-ordered an electric car? 5:23 What's the thing that makes you wanna get up in the morning? 7:14 Would you consider using an iPhone as your daily driver? 8:51 How much did it cost you to start your channel?

With xenophobic and authoritarian forces rising across the EU, economies not yet back to pre-2008 levels, Eurozone ‘exits’ becoming more likely and climate catastrophe on the horizon, it’s time to stop what we’re doing and rethink. The European Spring, that will be contesting the May 2019 European elections in 11 countries, brings together politicians and activists to give a new, European perspective on these critical issues. Sharing stories of political struggles in their countries as well as innovative solutions, our panelists discuss what’s ailing Europe at the start of 2019…. and how we can fix it. List of speakers: Joanna Bronowicka, from Polish party Razem, Valérie de Saint Dó, DiEM25 France, Baltasar Garzón, star judge, founder of the Spanish party Actúa, David Adler, member of DiEM25´s Coordinating Collective and coordinator of the Progressive International movement, Daniela Platsch, director of the Austrian party Der Wandel, lead MEP candidate for Demokratie in Europa, Franka Kretschmer, member of the board of the German party Demokratie in Bewegung, Isabelle Thomas, member of the European parliament for the French party Génération.s, Lorenzo Marsili, Italian writer, founder of European Alternatives, member of DiEM25´s Coordinating Collective, Ell Schlein, Member of the European Parliament for Possible since 2014, Rasmus Nordqvist, member of the Danish parliament for Alternativet, Rui Tavares, former MEP, founder of the Portuguese party LIVRE, Yanis Varoufakis DiEM25 co-founder and MEP candidate for Demokratie in Europa and Davide Castro, DiEM25 Social Media Coordinator and Be European Spring MEP candidate in Belgium. Production Management, Ingo Randolf SUBSCRIBE --------------------- DiEM25: https://www.youtube.com/c/DiEM25official SUPPORT --------------------- Join: https://diem25.org/join​ Donate to DiEM25: https://diem25.org/donate

A brief trip through this history of all the Bourbons. Taken, in part, from research done for The World Atlas of Coffee. https://geni.us/atlasofcoffee Music: "Take The Drive" - The Silver Pages Get a free trial of the music service I use: http://share.mscbd.fm/jimseven Links: Patreon: https://www.patreon.com/jameshoffmann My Book: http://geni.us/atlasofcoffee Limited Edition Merch: https://www.tenshundredsthousands.com Instagram: https://www.instagram.com/jimseven Twitter: https://www.twitter.com/jimseven My coffee kit (studio): https://kit.co/jimseven/studio-coffee-kit My video kit:

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle If you're an options investor, you may have heard about "Greeks" but you may not know exactly what they are or what they can do for you. If so, watch this series of videos where Patrick Boyle explains what these Greek letters mean and how to use them to better understand the price of an option. What can option Greeks do for you? Using the Greeks, an options investor can make more informed decisions about which options to trade, and when to trade them. Consider some of the things Greeks may help you do: Gauge the likelihood that an option you're considering will expire in the money (Delta). Estimate how much the Delta will change when the stock price changes (Gamma). Get a feel for how much value your option might lose each day as it approaches expiration (Theta). Understand how sensitive an option might be to large price swings in the underlying stock (Vega). Simulate the effect of interest rate changes on an option (Rho). What are Greeks anyway? Greeks, including Delta, Gamma, Theta, Vega and Rho, measure the different factors that affect the price of an option contract. They are calculated using a theoretical options pricing model (see How much is an option worth?). Since there are a variety of market factors that can affect the price of an option in some way, assuming all other factors remain unchanged, we can use these pricing models to calculate the Greeks and determine the impact of each factor when its value changes. For example, if we know that an option typically moves less than the underlying stock, we can use Delta to determine how much it is expected to move when the stock moves $1. If we know that an option loses value over time, we can use Theta to approximate how much value it loses each day. what is delta gamma theta vega in options

Thank you to Wish for sponsoring this video, shop with them here: https://bit.ly/2U341ER For our last episode in this house ever, we decided to celebrate it with our subscribers by letting over 60 of you come through our place and grab whatever you wanted. There were so many things hidden and left behind... Something different to grab for everyone. Thanks again to Wish for sending us so many additional gifts for us to hide. If you want to join the Yes Fam Facebook group which is 70,000+ of our most engaged and badass community members, you can apply here: https://www.facebook.com/groups/15653... PERFECT ROYALTY FREE MUSIC FOR YOUTUBE: free 30 day trial here: http://share.epidemicsound.com/wFFbr Musicbed has amazing montage and cinematic music: http://share.mscbd.fm/YesTheory Yes Theory Spotify Playlist: https://open.spotify.com/user/t-boogy... Exclusive challenges on Instagram: https://www.instagram.com/yestheory/ Who are we? We believe that life can be as fulfilling as you wish, so long as you're willing to seek discomfort. And we make videos about it. Business Inquiries: partnerships@yestheory.com https://www.instagram.com/yestheory/ https://twitter.com/yestheory https://www.facebook.com/yestheory/ Hosts: Thomas Brag, Ammar Kandil, Matt Dajer Editors: Thomas Brag, Thomas Dajer, Cam Peddle, Marshall Hodge

I went to see befaco before christmas and picked up this kit, Mel hadn't soldered for 3 years or (since we built an atari punk console) so i figured i should get her to do it! There is 20 minutes worth of samples and stems from the jam at the end for you to do with what you want! over here:- https://www.patreon.com/lookmumnocomputer INFO on BEFACO workshops and modules! :- https://www.befaco.org/ Check out mels work here :- https://www.melaniek.co.uk/ CHECK OUT MY MUSIC ON SPOTIFY :- http://bit.ly/LMNCSpotify Paypal :- https://www.paypal.me/lookmumnocomputer Thanks for all the support, as the above is how i keep this project afloat, as i don't think i'd be able to develop projects like the furby organ and gameboy mega machine otherwise so thanks! :D. Shot By Johnny Goddard Facebook :- https://www.facebook.com/LOOKMUMNOCOMPUTER Website :- https://www.lookmumnocomputer.com Instagram :- https://www.instagram.com/lookmumnocomputer/ Always looking for old gear! to mod or conserve in the "museum of everything else" one day https://www.lookmumnocomputer.com/donations/

Sheet Music: https://www.sheetmusicplus.com/en/product/preludio-no-1-op-5-in-g-minor-23663629.html https://tinyurl.com/guitarmusicweb ======= Join Edson's Patreon community at: www.patreon.com/edsonlopes Would you like to contribute to the channel? PayPal: edsonlopescontato@gmail.com ======= Guitar by Masters Provides interactive guitar tutorials created by the most renowned guitarists, composers and teachers around the world. https://www.guitarbymasters.com/ D'Addario Classical Strings http://www.daddario.com ======= Guitar: Clodoaldo Pirajá, 2019 - Cedar (Brazil) http://www.clodoaldopiraja.com.br

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle The Black–Scholes or Black–Scholes–Merton model is a mathematical model for the dynamics of a financial market containing derivative investment instruments. From the partial differential equation in the model, known as the Black–Scholes equation, one can deduce the Black–Scholes formula, which gives a theoretical estimate of the price of European-style options and shows that the option has a unique price regardless of the risk of the security and its expected return. The formula led to a boom in options trading and is widely used, although often with adjustments and corrections, by options market participants. Based on works previously developed by academics and practitioners, such as Louis Bachelier and Ed Thorp among others, Fischer Black and Myron Scholes demonstrated in the late 1960s that a dynamic revision of a portfolio removes the expected return of the security, thus inventing the risk neutral argument. After three years of efforts, the formula was published in 1973 in an article entitled "The Pricing of Options and Corporate Liabilities", in the Journal of Political Economy. Robert C. Merton was the first to publish a paper expanding the mathematical understanding of the options pricing model, and coined the term "Black–Scholes options pricing model". Merton and Scholes received the 1997 Nobel Memorial Prize in Economic Sciences for their work, the committee citing their discovery of the risk neutral dynamic revision as a breakthrough that separates the option from the risk of the underlying security. Although ineligible for the prize because of his death in 1995, Black was mentioned as a contributor by the Swedish Academy. The key idea behind the model is to hedge the option by buying and selling the underlying asset in in line with its delta and, as a consequence, to eliminate risk. This type of hedging is called "dynamic delta hedging" and is the basis of more complicated hedging strategies such as those engaged in by investment banks and hedge funds. The model's assumptions have been relaxed and generalized in many directions, leading to a plethora of models that are currently used in derivative pricing and risk management. It is the insights of the model, as exemplified in the Black–Scholes formula, that are frequently used by market participants, as distinguished from the actual prices. These insights include no-arbitrage bounds and risk-neutral pricing. Further, the Black–Scholes equation, a partial differential equation that governs the price of the option, enables pricing using numerical methods when an explicit formula is not possible. The Black–Scholes formula has only one parameter that cannot be directly observed in the market: the average future volatility of the underlying asset, but this can be backed out from the price of other options. In this video we learn about the model, the assumptions required for the model and about what goes in to it. We also learn about Implied volatility and the VIX Index. The VIX Index is a calculation designed to produce a measure of constant, 30-day expected volatility of the U.S. stock market, derived from real-time, mid-quote prices of S&P 500® Index (SPXSM) call and put options. On a global basis, it is one of the most recognized measures of volatility -- widely reported by financial media and closely followed by a variety of market participants as a daily market indicator. pricing options using black scholes merton Subscribe so that you can see future videos on this topic,

How to harmonise your lead lines using 3rds and 6ths to create beautiful melodic lines, phrases and solos on the guitar. One of the techniques that Mateus Asato to great effect when he creates those beautiful flowing melodic lines are double stops. This week I focus on 3rds and 6ths in particular, and Talk about how he uses double stops to enhance lead phrasing. Longitudinally – playing up and down the same set of strings to create flowing lines in key. Transversely – playing across the strings in a position. Finally using a chord as a positional focal point, then playing around it.

Heron - by Gracie Terzian Dedicated to Marina Lavrova Don't forget to subscribe to my channel! And please follow me on Spotify: https://sptfy.com/gracie Instagram: https://www.instagram.com/gracieterzian/ Facebook: https://www.Facebook.com/GracieTerzianMusic Soundcloud: https://www.Soundcloud.com/GracieTerzian Twitter: https://www.Twitter.com/GracieTerzian ...And visit my website www.GracieTerzian.com where you can join my mailing list and get updates :) Lyrics: All aboard your monumental mind, why you hiding? Stop and feel your laser focused eyes, why you spying? Now It's not a matter of power How do you spend every hour? Just as a rose is a flower Nature to climb your tower Haulin' up the highest every day, don't go fallin' Saw the heron break inside your brain, while he's callin out Into the fabric and sound Fighting the tremors around How does he cut through the ground When it's all mud No one said you'd always string out Tickin quicker every year now By the water not so clear Was the heron ever here No one said you'd always string out Tickin quicker every year now Was the heron ever here By the water not so clear Following their rhapsodies of wonder, don't get lost now Some of us feel better than the others, don't let it cost you, Down Into the barrels of fools Following every old rule Unsavory things they will do Loose dirt it clings to you I can barely get myself outside, old muscles frozen Diggin' back, and dwelling what I've done, and what I've chosen, You The only true one I adore How could I ever ask more? Nerves seepin' out the back door Stirrin' around, what for? No one said you'd always string out Tickin' quicker every year now Was the heron ever here now? By the water not so clear Tryin' hard not to string out Tickin' quicker every year now By the water not so clear Was the heron ever here? Haulin' up the highest every day, don't go fallin' Saw the heron break inside your brain, while he's callin' out Into the colors and sound Fighting the tremors around How does he cut through the ground When it's all mud

Featuring LaQuandra Seymore & Brian Heveron-Smith stream on Spotify: https://open.spotify.com/track/2JSF5D30OMVSezQRm7RA0R?si=Q8aUgB30TEWYMWxNFMlLMQ LaQuandra: spotify:artist:2HoU7SP0s5xYmrjQhXi0nV Brian: spotify:artist:6ecplre7ytz9gOuxWLlr3c Shot by Michael Elliott Dennis Additional footage by Melissa Strype Additional backup vocals by Don Mitchell Lyrics by Chris Fleming Music by Brian Heveron-Smith Mixed by Eric Heveron-Smith special thanks to Andrew Mather for the Chevalier

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle People are often confused as to when it makes sense to exercise an option. Most of the time it does not make sense to early exercise American options. In this video we go through the scenarios where it might make sense. For an American-style call option, early exercise is a possibility whenever the benefits of being long the underlying outweighs the cost of giving up the option early (the benefits of being long the underlying outweigh the foregone time value of the option). For example, on the day before an ex-dividend date, it may make sense to exercise an equity call option early in order to collect the dividend. In general, equity call options should only be exercised early on the day before an ex-dividend date, and then only for deep in-the-money options when the dividend is sufficiently large For an American-style put option, early exercise might make sense if it is deep in-the-money. In this case, it may be wise to exercise the option early in order to obtain the intrinsic value (K – S) earlier so that it can start to earn interest immediately. This is somewhat more likely to be worthwhile if there is no ex-dividend date, which would probably cause the price of the underlying to fall further between now and the expiry date. This would usually require interest rates to be relatively high. When should I exercise an option?

https://NordVPN.com/bigmoney Настройтесь на эту неделю, если вы не журналист

Karen talks about her Patreon page, which offers piano lesson videos with a deeper level of teaching. Visit her Patreon page at http://www.patreon.com/karenramirez.

Go to https://NordVPN.com/bigmoney and use code BIGMONEY to get 75% off a 3 year plan. Protect yourself online today! Special thanks to instagram.com/methsyndicate for his role as "Unkillable Journalist" "Big Money Salvia Theme" by Hot Dad http://www.youtube.com/HotDad Gentleman Erik Intro Pic by http://www.twitter.com/SentientPizzaB http://www.neongrizzly.com/commentiquette http://www.patreon.com/commentiquette http://www.twitter.com/commentiquette http://www.facebook.com/internetcommentetiquette

Today we will review 11 of the cheapest upgrades you can make to your mountain bike. I covered 10 even cheaper ones in another video, but most of these do more to actually improve performance than those did. These upgrades are so cheap, that tires didn’t even make the cut. Enjoy! I'm a part owner of Clik. We make better, easier valves, backwards compatible with Presta. https://clikvalve.com Get Early Videos & Behind the Scenes! 🚲 http://bermpeak.substack.com Here’s my old video from 2016 https://youtu.be/RE19vL1ZVm0 Here’s how to bed brake pads https://youtu.be/UnvY8VaWoaQ?t=342 Here’s how to go tubeless https://youtu.be/UnvY8VaWoaQ?t=502 Colored Valve Caps https://amzn.to/2EmorTM Bash Guard up to 32t https://amzn.to/2TX2uQl Bash Guard to to 36t https://amzn.to/2En9G2X 11 Speed Chain https://amzn.to/2BK985C Fancy gold titanium coated chain https://amzn.to/2EnDegR Dry Lube from video https://amzn.to/2XgS2p6 This stuff is actually expensive as frigg for a bottle, but per application it's only cents Anti-kink Cable Ends https://www.ebay.com/p/Jagwire-BOT976-Jgwr-Anti-kink-End-Cap-4mm-Shift-30-btl/1408737269 Stainless pedal pins flat https://amzn.to/2XhV6kE Stainless pedal pins 8mm https://www.amazon.com/dp/B07NDQ6Z4Q Stainless pedal pins 10mm https://www.amazon.com/dp/B07NDPXTXR Tubeless MTB Sealant https://amzn.to/2U1nqpA Tubeless valve stems https://shop.slime.com/collections/tubeless-ready/products/presta-valve-stems-brass?variant=45259738376 Volume spacers https://www.amazon.com/gp/search/ref=as_li_qf_sp_sr_il_tl?ie=UTF8&tag=yazuworks-20&keywords=volume spacers&index=aps&camp=1789&creative=9325&linkCode=xm2&linkId=0e08eed0fd9a4415ead514de5a5a3c47 There are too many different ones to link to specifics. Please research what your air fork or can uses directly from your manufacturer. Stealth axles are another thing which will be dependent on fork brand and width, so do your research. If you are unsure what your fork width is just look up your bike on its manufacturer's website and check the specs. When it doubt, go to your local bike shop and they might just have it! Single Speed Chainring For most bikes with 2 or 3 rings up front, 104mm will be the size. How many speeds you have at the rear makes no difference up front. https://www.amazon.com/gp/search/ref=as_li_qf_sp_sr_il_tl?ie=UTF8&tag=yazuworks-20&keywords=narrow wide chainring&index=aps&camp=1789&creative=9325&linkCode=xm2&linkId=0322d1d20d0a73d9144260dcd13d7c52 I’m sponsored by Diamondback Bicycles, Box Components, and Slime Tubeless, but no other products featured in this video are paid promotions.

Does it sew? Testing out the motorized leather patcher I had several requests to see the leather patcher in action, so here's a quick video showing it sewing through a few different thickness of leather. I also cover the needles I'm using, since they are a bit non-standard. The leather I tested on was probably ~4oz oil-tanned pullup leather. The second test was 4 layers totaling about 8mm of thickness. The leather is moderately supple. I should have grabbed a few pieces of thick tooling leather but didn't think about it at the time, sorry :( Test thread is #69 polyester, needle is 134-35 / DP-35 LR chisel point in size 120/19. This replaces the 15x1 / Hax1 needles that come with the machine (although it does require some modification)

Get your first audiobook free with an Audible 30-day trial. Go to http://www.audible.com/numberphile or text numberphile to 500 500. More links & stuff in full description below ↓↓↓ This video features Edmund Harriss from University of Arkansas. Extra footage from this interview: https://youtu.be/7ehaadVtaMI Heesch's Tiling Problem by Casey Mann: http://faculty.washington.edu/cemann/Heesch.pdf Check out the Numberphile Podcast: https://www.numberphile.com/podcast/ Penrose Tiling: https://youtu.be/QTrM-UVcgBY Numberphile is supported by the Mathematical Sciences Research Institute (MSRI): http://bit.ly/MSRINumberphile We are also supported by Science Sandbox, a Simons Foundation initiative dedicated to engaging everyone with the process of science. https://www.simonsfoundation.org/outreach/science-sandbox/ And support from Math For America - https://www.mathforamerica.org/ NUMBERPHILE Website: http://www.numberphile.com/ Numberphile on Facebook: http://www.facebook.com/numberphile Numberphile tweets: https://twitter.com/numberphile Subscribe: http://bit.ly/Numberphile_Sub Videos by Brady Haran Most editing and animation in this video by Pete McPartlan But the "infinite" typo was all Brady! :) Patreon: http://www.patreon.com/numberphile Numberphile T-Shirts: https://teespring.com/stores/numberphile Brady's videos subreddit: http://www.reddit.com/r/BradyHaran/ Brady's latest videos across all channels: http://www.bradyharanblog.com/ Sign up for (occasional) emails: http://eepurl.com/YdjL9 There's an error in the heesch number 5 diagram, the topmost yellow tile should be green, so that the ring of green tiles completely enclosed the yellow ring.

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle This is the sixth video in our series on pricing options, to watch the whole series as a playlist, click here: https://www.youtube.com/watch?v=LHaftRA2N8A&list=PLHC72UlhAthDq-s_jRepKDrsaeGDU3PaJ Options on Dividend Paying Underlyings For an American-style call option, early exercise can make sense whenever the benefits of being long the underlying outweighs the cost of giving up the option early (the benefits of being long the underlying outweigh the foregone time value of the option). For example, on the day before an ex-dividend date, it may make sense to exercise an equity call option early in order to collect the dividend. In general, equity call options should only be exercised early on the day before an ex-dividend date, and then only for deep in-the-money options when the dividend is sufficiently large. Todays video illustrates a scenario where a dividend of $2.50 per share is expected to be paid immediately prior to expiration of an option. Call option holders, though holding "bullish" or "long" positions with respect to the underlying asset, are not eligible to collect dividends paid on the underlyings. Therefore, if a long American call option holder expects at T0 and at T1 that a dividend will be paid on the underlying stock just prior to the option's maturity at T2, they can evaluate whether or not it is optimal to early-exercise. Analyzing potential early exercise at T0 shows there is no benefit to early exercising since the option is not in-the-money. At T1, the up node is in-the-money, the American call holder evaluates if holding or early-exercising is optimal. Early-exercising has a value at T1 in the up node of $3.00 ($30 share price less $30 strike). Using the European options binomial tree pricing formula fu in the up node, the call option is valued at only $2.73. This valuation difference came about because the expected value of the spot at T2 is reduced by $2.50 just prior to expiration. This dividend payment is of sufficient size, in this case (it is not always optimal to early-exercise on dividend-paying stocks, prior to expiration, it depends on the relative size of the dividend), that the underlying asset's price drop due to the dividend payment makes early-exercise the optimal strategy.

You can pick a Wii up for a few dollars/pounds, and instantly put it to use as a fantastic emulation machine. Here I'll be exploring using the Wii as a DOS Gaming machine, to play classics such as Wolfenstein 3D, Duke Nukem, Commander Keen, Monkey Island, Leisure Suit Larry and many many more. We'll explore installing the Homebrew channel on the Wii, setting up Priiloader, using the Homebrew browser, installing custom forwarders and getting the Wii to autoboot straight into a DOS environment, with it's own menu system, so you can navigate straight to your chosen DOS games. You could even use it to run DOS screensavers if that's your thing. *Links used in this video* Letterbomb your Wii: https://please.hackmii.com/ Priiloader: http://www.wiibrew.org/wiki/Priiloader Homebrew Browser: https://wiibrew.org/wiki/Homebrew_Browser Multi Mod Manager: http://www.hacksden.com/downloads.php?do=file&id=93 DOSBox Forwarder for Wii: http://www.mediafire.com/file/mdz1z1fkvjd/dosbox.wad Moo Menu: http://reimagery.com/fsfd/bin/menu/ DOS Game compatibility list: https://wiibrew.org/wiki/DOSBox_Wii/Compatibility_List If you want to check out the creator of Moo Menu then visit: https://www.harryhiker.com/index.htm https://web.archive.org/web/19990422213404/http://www.jcu.edu/philosophy/gensler/ *Things you'll need (affiliate links)* 2GB SD Card: http://nnerd.me/r7W9h Nintendo Wii (with sensor bar): https://nnerd.es/2GzIKQ6 Wii Remote: https://nnerd.es/2V4qaT7 Wireless keyboard: http://nnerd.me/2SOzsGn ** For exclusive videos, mystery boxes and other rewards, please consider supporting me at; https://www.patreon.com/nostalgianerd ** ☟Sharing☟ If you wish to share this video in forums, social media, on your website, *please do so*! It helps tremendously with the channel! ☟Subcribe☟ https://www.youtube.com/user/nostalgianerdvideos?sub_confirmation=1 ✊Support Me! ✊ *Patreon*: https://www.patreon.com/nostalgianerd?ty=h Visit my eBay Shop: http://ebay.to/1QQpYyy Buy Games via. Humble: https://www.humblebundle.com/store?partner=nnerd Buy my book: http://nnerd.me/HVFtSB ★Join me on Social Media★ Twitter: http://www.twitter.com/nostalnerd Twitch: http://www.twitch.tv/nostalgianerd Face: http://www.facebook.com/nostalnerd Instagram: http://www.instagram.com/nostalgianerd Web: http://www.nostalgianerd.com ★Equipment★ Lumix G6 with Vario 14-42mm Lens Nikon D3200 with 40mm Macro Corel Video Studio Ultimate 2018 Corel Paint Shop Pro 2018 Blue Snowball Microphone ♜Resources♜ If you believe I have forgotten to attribute anything in this video, please let me know, so I can add the source in. It takes time to make these videos and therefore it can be easy to forget things or make a mistake.

Xbox has released a new adaptive controller for gamers with limited mobility. It works with computers AND Xbox systems. Check it out here: https://www.xbox.com/en-US/xbox-one/accessories/controllers/xbox-adaptive-controller (this video is not sponsored) Playing video games has brought people together, and brought countless hours of entertainment to many people. With this new adaptive controller from Xbox for people with limited motion, even more people can join in. If you use one of the adaptive Xbox controllers in your own set up, I want to see! Send me a tweet! *Follow me for updates!* Instagram: http://instagram.com/zacksjerryrig Facebook: http://on.fb.me/1U4bQqv Twitter: https://twitter.com/ZacksJerryRig Awesome Smartphone Tool Kit: http://amzn.to/2idLGDi LARGER tool kit: http://amzn.to/2DURcr7 Green Pry tool: http://amzn.to/1Tu57pI Metal phone opening tool: http://amzn.to/1WdOFv0 The camera I used to film this video: http://amzn.to/2p7GtkX The Lens I used for this video: http://amzn.to/1QOXDw2 Wide angle lens: http://amzn.to/2qiYM4u And this Metabones adapter: http://amzn.to/2iZ67Ty This is the drone I use: http://amzn.to/2joH00G TO SEND ME STUFF: See my P.0. Box on my 'About page': https://www.youtube.com/user/JerryRigEverything/about JerryRigEverything assumes no liability for property damage or injury incurred as a result of any of the information contained in this video. JerryRigEverything recommends safe practices when working with power tools, automotive lifts, lifting tools, jack stands, electrical equipment, blunt instruments, chemicals, lubricants, expensive electronics, or any other tools or equipment seen or implied in this video. Due to factors beyond the control of JerryRigEverything, no information contained in this video shall create any express or implied warranty or guarantee of any particular result. Any injury, damage or loss that may result from improper use of these tools, equipment, or the information contained in this video is the sole responsibility of the user and not JerryRigEverything. Only attempt your own repairs if you can accept personal responsibility for the results, whether they are good or bad.

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle This is the fifth video in our series on pricing options. The whole series is collected as a playlist here: https://www.youtube.com/watch?v=LHaftRA2N8A&list=PLHC72UlhAthDq-s_jRepKDrsaeGDU3PaJ If you are new to options pricing and binomial trees it might make sense to watch some of the other videos first. Binomial Trees and American Options American options can be exercised anytime up to maturity, as opposed to European options which can only be exercised at maturity. Binomial trees can be used to price American options with the only modification needed is to evaluate at each node as to whether there is more value associated with exercising or holding the option to expiration. The highest of these two values is used in calculating the option value. In the two-step American binomial tree valuation shown in this video, we are using the same example as in our last video but with the option now American. In this case, at T1 it would be optimal to early-exercise. Thus the valuation at the first down node is in fact the early-exercise valuation, which is the intrinsic value at that node, as opposed to the valuation achieved from the risk-neutral valuation for fd. At time zero, the valuation of the derivative is based on fu as usual, but the fd value input into the formula for f is the early exercise cash flow. To watch the video where we priced the same put option, but as a European option, click here. https://www.youtube.com/watch?v=nN4tOYVqf9o Pricing American Options using the Binomial Tree Method multi step binomial trees

I went to visit three places, and they all had something in common that seemed worth mentioning. I went to see: Omotesando Koffee: https://www.instagram.com/omotesando.koffee/?hl=en Cafe Alain Ducasse: https://www.lecafe-alainducasse.com/ Roasting Plant London: https://roastingplant.com/pages/locations I'd be interested to know what people think if they've been. Links: Patreon: https://www.patreon.com/jameshoffmann My Book: http://geni.us/atlasofcoffee Limited Edition Merch: https://www.tenshundredsthousands.com Instagram: https://www.instagram.com/jimseven Twitter: https://www.twitter.com/jimseven My coffee kit (studio): https://kit.co/jimseven/studio-coffee-kit My video kit:

Ashurbanipal wasn't just an Assyrian king, he was a propaganda king. The layout, decorations and even the landscaping of his palaces were all made to point to one major fact - he was more powerful than you. WARNING: includes scenes of pet lions. DOUBLE WARNING: Pet lions are a bad idea. The BP exhibition I am Ashurbanipal: king of the world, king of Assyria 8 November 2018 – 24 February 2019 Book now https://goo.gl/wUnur2 Supported by BP Logistics partner IAG Cargo #Ashurbanipal #Assyria #chokinglionslikeaneoassyrianbossspecificallylikeAshurbanipal

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle The ideas we developed for a single-period binomial model also apply to a multi-period approach. In this video we will look at a two-step, or two time-period binomial tree. In this framework the stock price must follow one of four patterns. For the two periods, the stock can go up-up, up-down, down-up, or down-down. At the moment, we are assuming fixed down and up percentages, the down-up and up-down paths will end with the same final stock price (but you will later see that this restriction is not required, the valuation approach is more flexible than this). Binomial trees can be used for valuing puts or calls. Consider a two step binomial tree, with each step one year long where at each node the stock moves up or down 20% and the risk-free rate is 5%. Suppose the stock price is now $20 and that we will try to value a put with a strike of $20. You work from right to left, backward in time, valuing the option node by node, first calculating fu and fd using the above formulas, then value f using the formula. Now that we have looked at a two-period binomial tree, you can easily see that we can, using the same formulas, produce binomial trees with as many nodes as we want. The more periods that we add, the more realistic our model becomes. A binomial tree with just 20 periods gives more than a million stock price movement patterns. Clearly working out a series of one-second node one-penny price movement binomial trees would take quite a while, but it is easy to code the approach on your computer, and it is virtually unlimited as to how many nodes you can add. The binomial model assumes that movements in the price follow a binomial distribution. If you increase the number of nodes, and are modeling the stock price evolution over a very short period of time, you begin to approach a very realistic share price trajectory. Each node could be one second in duration, and show the stock’s expected price moves of, as an example, up one penny or down one penny. This begins to approximate real-life stock price movements quite accurately. At each second during a trading day, it is fairly realistic to assume that a $20 stock will increase or decrease by as little as $0.01 or $0.02. As you increase the number of nodes, this binomial distribution approaches the lognormal distribution assumed by Black–Scholes (see that video). When analyzed as a numerical procedure, the Cox, Ross, and Rubinstein binomial method can be viewed as a special case of the explicit finite difference method for the Black-Scholes partial differential equation. The binomial tree approach is very flexible, and can take into account dividends, early exercise opportunities, and even different distributions of stock price movements over the time to maturity of the derivative being valued. This means that you could model low volatility periods of stock price movements, and then higher volatility periods for the stock—perhaps around their earnings announcements—over the duration of an option’s life. Although computationally slower than the Black–Scholes formula, it is more accurate, particularly for longer-dated options on securities with dividend payments. For these reasons, various versions of the binomial model are widely used by practitioners in the options markets. For options with several sources of uncertainty and for options with complicated features, binomial methods can be less practical due to several difficulties, at which point Monte Carlo option models are used instead.

Thanks to Squarespace for sponsoring this video: http://squarespace.com/jamesbruton - use the code JAMESBRUTON at the checkout. I enjoyed using Pneumatic Actuators for the Transformers build, so I thought I'd experiment with more accurate positioning and control so they can be used in other projects. This time I'm trying to do proportional control with a homebrew serve-controlled valve. ① HARDWARE/SOFTWARE What more important hardware is there in life than the clothes on your back and the cup in your hand. You can get your own Robot X tee or openDog mug at the link below: Teespring: https://teespring.com/stores/james-bruton Below you can also find a lot of the typical tools, equipment and supplies used in my projects. Lulzbot 3D Printers: http://bit.ly/2Sj6nil Lincoln Electric Welder: http://bit.ly/2UyA576 CNC Router: https://bit.ly/2QdsNjt Ryobi Tools: http://bit.ly/2RhArcD Axminster Micro Lathe: http://bit.ly/2Sj6eeN 3D Printer Filament: http://bit.ly/2PdcdUu Soldering Iron: http://bit.ly/2DrNWDR Vectric CNC Software: http://bit.ly/2zxpZqv And don't forget the code for some of my projects is available on my GitHub here: https://github.com/xrobots ② GENIUS No MacArthur grant yet. But while I’m still waiting by the phone for that call, maybe you might patronise me with your Patreon-age or pick up some of my merchandise. Or, if you’re all out of digital cash just comment on one of my hilarious Instagram pics, pop me a Tweet or generally yell in my direction. Patreon: https://www.patreon.com/xrobots Teespring: https://teespring.com/stores/james-bruton Instagram: https://www.instagram.com/xrobotsuk Facebook: https://www.facebook.com/xrobotsuk/ Twitter: https://twitter.com/xrobotsuk Huge thanks to my patrons, without whom my standard of living would drastically decline. Like, inside out-Farm Foods bag decline. Plus a very special shoutout to Aleph Objects, Inc who keep me in LulzBot 3D printers and support me via Patreon. Why not join my community, who are mostly made up of actual geniuses. There’s a Facebook group and everything: https://www.facebook.com/pg/xrobots.co.uk/community ③ XROBOTS Former toy designer, current YouTube maker and general robotics, electrical and mechanical engineer, I’m a fan of doing it yourself and innovation by trial and error. My channel is where I share some of my useful and not-so-useful inventions, designs and maker advice. Iron Man is my go-to cosplay, and 3D printing can solve most issues - broken bolts, missing parts, world hunger, you name it. XRobots is the community around my content where you can get in touch, share tips and advice, and more build FAQs, schematics and designs are also available. ④ MUSIC AND SFX The majority of the music and SFX used in my videos is from Epidemic Sound http://share.epidemicsound.com/xrobots

A review of a WENA Wrist Pro Smart Watch Band imported From Japan. The connected watch strap that turns a standard watch into a smartwatch. Gain some smartwatch functionality while still being able to wear a traditional watch. The UK version is available to pre-order from Amazon: Wrist Pro: https://amzn.to/2X6eoJP Wrist Active: https://amzn.to/2SBgwKW The differences between the Pro and the Active are explained in the video. Links are affiliated. REUPLOADED after a re-edit to include important information regarding adding Custom Notifications. New section starts at 12:08 If anyone is interested in the Pulsar watch I used - I believe its a discontinued model but there are a few left on Amazon UK (affiliated links) - https://amzn.to/2Gu13pG (the colour I bought) https://amzn.to/2SFfyNH (a blue one) and https://amzn.to/2GvOJW1 (one with a resin strap) - If you were buying one to fit on a Wena Wrist Pro - this last one seems like the best idea as it's the cheapest. ---------------SUBSCRIBE------------------ http://www.youtube.com/user/Techmoan?sub_confirmation=1 -------------Merchandise----------------- https://teespring.com/stores/techmoan-merch -------------SUPPORT--------------- This channel can be supported through Patreon https://www.patreon.com/techmoan Patrons usually have early access to videos ----------Outro Music----------- Over Time - Vibe Tracks https://youtu.be/VSSswVZSgJw ------Outro Sound Effect------ ThatSFXGuy - https://youtu.be/5M3-ZV5-QDM ------AFFILIATED LINKS/ADVERTISING NOTICE------- All links are Affiliated where possible. When you click on links to various merchants posted here and make a purchase, this can result in me earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network & Amazon. I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to AMAZON Sites (including, but not limited to Amazon US/UK/DE/ES/FR/NL/IT/CAN)

Find our clothing line Seek Discomfort here! http://seek-discomfort.com/yes-theory Spending 24 Hours with Wim Hof 2020: https://youtu.be/rCYXM1Z0QVo Dislaimer: The following features stunts performed either by professionals or under the supervision of professionals. Accordingly, the producers insist that no one try to recreate or re-enact any stunt or activity performed in this film. We've admired the pioneering work of Wim Hof for years now from afar. This January however we got an opportunity to spend four days with him in the mountains of Poland. We didn't know what to expect. We had no idea that Wim was at a place in his life where he wanted to push his findings to the next level....we had no clue that we were his experiments in proving just how powerful the mind is. If you want to learn more about Wim's method, go visit: https://www.wimhofmethod.com Thank you to Wim (@iceman_hof) and Enahm Hof (@enahm_hof) for making this possible and for letting us into their lives. Thank you to our incredible producer Sky Cowans (@skycowans) You can check out her amazing video on how this crazy adventure came together and more on her personal experience here: http://bit.ly/SkysVideo Check out Colin and Samir's amazing BTS video! https://www.youtube.com/watch?v=enbVsRjRBSY Thank you to the amazing men behind the camera who captured the whole thing, Andreas Hem (@andreeashem), Matt Komo (@mattjkomo) and Max Rantz-Macdonald (@livetothemax). A huge thank you to our badass team of editors and partners who crunched this documentary down in 5 days...that shit is unheard of. Our very own Thomas Dajer (@thomasdajer) and Colin and Samir (@colinandsamir). Everything you see here is an effort of love. Thank you for watching. If you want to learn more about the Wim Hof breathing method this is a great tutorial: https://www.youtube.com/watch?v=nzCaZQqAs9I&t=4s If you want to join the Yes Fam Facebook group which is 70,000+ of our most engaged and badass community members, you can apply here: https://www.facebook.com/groups/15653... PERFECT ROYALTY FREE MUSIC FOR YOUTUBE: free 30 day trial here: http://share.epidemicsound.com/wFFbr Musicbed has amazing montage and cinematic music. Get a 30-day free trial of their high-quality music for your videos: http://share.mscbd.fm/YesTheory Yes Theory Spotify Playlist: https://open.spotify.com/user/t-boogy... Exclusive challenges on Instagram: https://www.instagram.com/yestheory/ Who are we? We believe that life can be as fulfilling as you wish, so long as you're willing to seek discomfort. And we make videos about it. Business Inquiries: partnerships@yestheory.com https://www.instagram.com/yestheory/ https://twitter.com/yestheory https://www.facebook.com/yestheory/ Hosts: Thomas Brag, Ammar Kandil, Matt Dajer Editors: Thomas Brag, Thomas Dajer, Colin Rosenblum, Samir Chaudry, Cam Peddle, Marshall Hodge Producer: Sky Cowans Cinematographers: Andreas Hem, Matt Komo Special Guests: Zack Honarvar, Max Rantz-Macdonald Colorist: Jeff Vanags Featured on The Goop Lab Netflix On The Wim Hof Method & Cold Therapy

Aberdeen has a new album that's out now! It's called Downpour, and we celebrated it's release at a SOLD OUT show at Rockwood Music Hall in the lower east side of NYC. CHECK OUT DOWNPOUR! https://open.spotify.com/album/6pDqUh2QdANymxY81DOP8f Bob Reynold's Channel https://www.youtube.com/user/bobreynolds/videos Brian Plautz's Vlog (official Aberdeen gig vlog) https://youtu.be/_HPkhxbA6YY (⌐■_■) ⦿WHAT'S THE BACKGROUND MUSIC?! (my band!)⦿ https://spoti.fi/2AKAAQ6 https://adamneelymusic.bandcamp.com/album/gig-vlog-m-i-x-t-a-p-e-vol-1 ⦿ Adam Neely T-shirts! ⦿ https://teespring.com/stores/adam-neely-merchandise ⦿ SUPPORT ME ON PATREON ⦿ http://www.patreon.com/adamneely ⦿ FOLLOW ME ON THE INTERNETS ⦿ http://www.facebook.com/adamneely http://www.instagram.com/its_adamneely ⦿ Check out some more of my music ⦿ http://sungazermusic.bandcamp.com http://insideoutsidemusic.bandcamp.com http://adamneelymusic.bandcamp.com Peace, Adam

These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle In finance, the binomial options pricing model provides a generalizable numerical method for the valuation of options. The binomial model was first proposed by Cox, Ross and Rubinstein in 1979, six years after the Black Scholes model. Essentially, the model uses a "discrete-time" (lattice based) model of the varying price over time of the underlying financial instrument. The Binomial options pricing model approach has been widely used since it is able to handle a variety of conditions for which other models cannot easily be applied. This is largely because the model is based on a description of an underlying instrument over a period of time rather than a single point in time. As a consequence, it is used to value American options that are exercisable at any time in a given interval as well as Bermudan options that are exercisable at specific instances of time. Being relatively simple, the model is readily implementable in computer software or even in spreadsheets like Excel. Although computationally slower than the Black–Scholes formula, it is more accurate, particularly for longer-dated options on securities with dividend payments. For these reasons, various versions of the binomial model are widely used by practitioners in the options markets. The Risk-Neutral Binomial Tree Approach The concept of a portfolio made up of some portion of stock and some portion of a derivative on that stock gives rise to the ability to generate equivalent cash flows at end nodes of binomial trees, and this certainty of cash flows allows us to discount the cash flows at the risk-free rate. The ability to discount cash flows in the future at a known risk-free rate gives us the concept of risk-neutral valuation. Risk neutral valuation is a powerful concept in derivatives pricing which enables valuation of assets based on their expected payoffs at different points in time and with different scenarios of underlying asset price movements. Risk-neutral valuation is applicable whenever you can create a portfolio including the underlying plus a derivative on the same underlying. It cannot be extrapolated to find the value of derivatives on other underlyings. It relies on the portfolio instruments having a level of dependency on one another. This model is very flexible and powerful because we don’t need to know the real probability of the upside scenario, or the real likelihood of the downside economic scenario—it is not required to maintain our certainty of cash flows at the end point. An easy mistake to make is to confuse this constructed probability distribution with real-world probability. They will be different, but the method of risk-neutral pricing is, like many other useful computational tools, convenient and powerful. The approach of risk-neutral valuation makes sense for valuation purposes but only works when all of the instruments included in the valuation model depend on the same underlying and thus are exposed to the same risks, though held in different proportions. We are pricing the option in terms of the underlying stock, thus risk preferences are taken into account in the pricing of the underlying. The risk-neutral binomial tree approach is mathematically equivalent to the portfolio approach previously covered, and gives us the exact same valuation. The risk neutral binomial tree valuation approach to value the derivative, f, is as follows. With some algebra, you can show that the risk-neutral formula is mathematically equivalent to the portfolio approach where  of shares is calculated to generate riskless outcomes at maturity, T. Although we are not making any assumptions about the probabilities of the returns on the underlying, the element p in this formula can be interpreted as the “risk-neutral probability of an up move” and 1–p as the “risk-neutral probability of a down move.” The value today of the derivative, f, can thus be read as the present value of the derivative at the up node times the risk-neutral probability of an up move plus the value of the derivative at the down node times the risk-neutral probability of a down move. In our prior example of an underlying that has a price of $50, where we know at the end of three months that the underlying will be at one of two prices (either $70 or $30), we will price a European Call with a strike of $50, and one month to expiration and a risk-free interest rate of 5%. Here p = 0.5052 based on the above formula where p is a function of the risk free rate and time to maturity T, as well as u and d. Then the call value at time zero is f = e(-rT)x[pfu] = $10.0624, the same as in the portfolio valuation approach above. #Risk Neutral Valuation Approach

Made possible by my Patreon: https://www.patreon.com/jameshoffmann Here are links to the grinders I reviewed (these are Amazon affiliate links): Porlex Mini - https://geni.us/porlexmini Hario Slim - https://geni.us/harioslim Rhino Coffee Gear - https://geni.us/rhinocoffeegrinder Henry Charles - https://geni.us/henrycharlesgrinder Javapresse - https://geni.us/javapressegrinder Links: Patreon: https://www.patreon.com/jameshoffmann My Book: http://geni.us/atlasofcoffee Limited Edition Merch: https://www.tenshundredsthousands.com Instagram: https://www.instagram.com/jimseven Twitter: https://www.twitter.com/jimseven My coffee kit (studio): https://kit.co/jimseven/studio-coffee-kit My video kit:

Subscribe to Nuclear Vault http://bit.ly/SubscribeNuclearVault After extensive press coverage detailing radiation exposures resulting from the ABLE and BAKER tests of Operation Crossroads conducted on Bikini Atoll in 1946, Operation Sandstone personnel were greatly concerned about radiological safety. Despite some initial safety efforts taken for earlier tests that included TRINITY in New Mexico, and ABLE and BAKER in the Pacific, atomic safety knowledge and technology were still in their infancy. The commentator said at the beginning of the film: “We are seeking answers to unanswered questions about atomic energy.” He also said that most of the radiological damage occurred in the first second of the explosion. Two key goals of this operation were to test the effectiveness of shielding and to maintain exposure records of all personnel involved. After the detonation of X-RAY, the first test of the three-test series, radiation monitoring personnel were sent immediately to Enjebi Island, dressed in military fatigues. Safety officials became concerned when the survey instruments and dosimetric devices indicated that personnel could be approaching the exposure limit of one-tenth Roentgen per day. Safety officials then issued gas masks to the monitoring personnel. Military personnel are shown in fatigues cleaning the contaminated drone aircraft with water hoses. The commentator concluded: “Radiation, when handled intelligently, can be handled safely.” The tests comprising the 1948 Operation Sandstone were as follows: • X-RAY, April 14, Enewetak (Enjebi Island), tower, weapons related, 37 kilotons (kt) • YOKE, April 30, Enewetak (Aomon Island), tower, weapons related, 49 kt • ZEBRA, May 14, Enewetak (Runit Island), tower, weapons related, 18 kt

Support us by becoming a Patron and get access to exclusive content: https://kgs.link/patreon Sources: https://sites.google.com/view/sourcesloneliness/startseite Everybody feels lonely sometimes. But only few of us are aware how important this feeling was for our ancestors - and that our modern world can turn it into something that really hurts us. Why do we feel this way and what can we do about it? OUR CHANNELS ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ German: https://kgs.link/youtubeDE Spanish: https://kgs.link/youtubeES French: https://kgs.link/youtubeFR Portuguese: https://kgs.link/youtubePT Arabic: https://kgs.link/youtubeAR Hindi: https://kgs.link/youtubeHI Japanese: https://kgs.link/youtubeJA Korean: https://kgs.link/youtubeKO HOW CAN YOU SUPPORT US? ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is how we make our living and it would be a pleasure if you support us! Get Products designed with ❤️ https://shop.kgs.link Join the Patreon Bird Army 🐧 https://kgs.link/patreon DISCUSSIONS & SOCIAL MEDIA ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ TikTok: https://kgs.link/tiktok Reddit: https://kgs.link/reddit Instagram: https://kgs.link/instagram Twitter: https://kgs.link/twitter Facebook: https://kgs.link/facebook Discord: https://kgs.link/discord Newsletter: https://kgs.link/newsletter OUR VOICE ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The kurzgesagt voice is from Steve Taylor: https://kgs.link/youtube-voice OUR MUSIC ♬♪ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 700+ minutes of kurzgesagt soundtracks by Epic Mountain: Spotify: https://kgs.link/music-spotify Soundcloud: https://kgs.link/music-soundcloud Bandcamp: https://kgs.link/music-bandcamp Youtube: https://kgs.link/music-youtube Facebook: https://kgs.link/music-facebook The soundtrack of this video: Soundcloud: https://bit.ly/2X3Qezs Bandcamp: https://bit.ly/2tlrWU3 Youtube: https://bit.ly/2CZ6PeN Facebook: http://bit.ly/2qW6bY4 If you want to help us caption this video, please send subtitles to subtitle@kurzgesagt.org You can find info on what subtitle files work on YouTube here: https://support.google.com/youtube/answer/2734698?hl=en-GB&ref_topic=7296214 Thank you! 🐦🐧🐤 PATREON BIRD ARMY 🐤🐧🐦 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Many Thanks to our wonderful Patreons from http://kgs.link/patreon who support us every month and made this video possible: Aleksandra Przytuła, Jemma, Will, 士誠 劉, Vincent Boucart, Tea4ever, Thomas Hogdahl, Gaurav Mathur, Andy Matthews, Tom Ingleby, Phil Crawford, Dannythetwo, Carl Canova, Martin Anderson, Mathieu Langis, tineeetim, Jeongmin Bae, Jarno Verhoofstad, Thomas Auberson, Ethan DeKelver, Enis Zeyrek, Dennis Værum, Matt Miller, Sasha Mamzelev, Dunkel, kartacha, Daniel Miller, Joshua Brost, Kyle Ivin, Erich Onzik, Allison McCarthy, Dejan Cencelj, Bogdan DANCU, Peter Cornell, Francesco Rossetto, Michael Mutarelli, Edward DeCook, Yashasvi Singh, Austin Gilstrap-Turner, Josie Xu, NorgTheSupporter, Carmine D'Amico, Ann Poplick, Ingrid Wong, Andrés

How to Price Options using a Binomial Tree. The portfolio approach. These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle The Binomial Tree approach to options pricing involves constructing a diagram of the possible paths of the stock price over the life of the option and then calculating the present value of the final cash flows to determine the current option price. We will start with a simplified view of the world and explain the approach, then we will slowly adjust the model to make it more and more realistic. The Portfolio Approach For our first example we will start with an underlying that has a price of $50, and we know at the end of three months that the underlying will be at one of two prices, either $70 or $30 (this "foreknowledge" is in fact a very big assumption, but stay with us for a while and we will improve this admittedly hugely unrealistic assumption). We will price a European Call with a strike of $50, and one month to expiration. The only additional piece of information that we need in order to solve this problem is the interest rate, which we will set at 5%. The first step is to draw our tree putting in the spot price S0, the two ending prices of the underlying at T ST and the value of the call at expiration given the two ending prices c. If we know with certainty (a big assumption) that there are only two outcomes for the stock price at T and we assume that no arbitrages are freely available in marketplaces (a much better assumption) we can set up a portfolio of S and the derivative c on that same underlying where there is no uncertainty about valuations at T maturity. The portfolio will be some amount (delta) of S and short one call option c. If we set the two portfolios as equal and solve for delta  The portfolio is riskless if there is a value for delta where the two portfolios have an identical value at maturity in all possible scenarios. In either case above, the portfolio at expiration is worth $15. Because this portfolio is riskless we can discount it at the risk free rate (5%) for one months (1/12 of a year) to find the present value of the portfolio.  So far, we have found the interesting result that if we know the two next possible steps in an underlying assets price and we know the risk free interest rate we can price a derivative. The only problem we have is that our first assumption is quite unrealistic, but as you will see, we can keep working with this approach and make more reasonable assumptions as the chapter progresses. Notation As we move forward with binomial valuations, we will always be assuming a portfolio at each node knowing that some value for delta makes the portfolios equivalent at time T. It is important to note that we are not valuing the option in absolute terms. We are calculating its value as implied by the price and volatility of the underlying and the risk free rate. The probabilities of up and down movements are already incorporated in these prices and we don’t need to take them into account again when pricing the option which is based on the stock. All of our methods of valuing derivatives share this approach. People's expected returns for underlyings are irrelevant in this calculation, as all we are saying is that assuming the price for the underlying is X, then Y is the only fair price for the option, any other price would allow for arbitrage opportunities between the price of the underlying and the derivative. Watch tomorrows video to learn the risk neutral approach to pricing binomial trees.

Sheet Music: https://www.sheetmusicplus.com/en/product/sevilla-23664159.html https://tinyurl.com/guitarmusicweb From Suite Española No. 1, Op. 47 ======= Join Edson's Patreon community at: www.patreon.com/edsonlopes Would you like to contribute to the channel? PayPal: edsonlopescontato@gmail.com ======= Guitar by Masters Provides interactive guitar tutorials created by the most renowned guitarists, composers and teachers around the world. https://www.guitarbymasters.com/ D'Addario Classical Strings http://www.daddario.com ======= Guitar: Martin Woodhouse, 2010 (England) http://www.woodhouse-guitars.co.uk

This week i Designed a Completely Analog Synthesizer Devoted to farting. Using Cross Contamination Synthesis, Its actually a heck of a lot more versatile than i ever imagined! Samples are available to download from my patreon, including some more crazy non fart sounds :- https://www.patreon.com/lookmumnocomputer Theres also a modular livestream happening this week over there aswell as updates on this project. Thanks to Kursa for bringing this idea to my attention, i am sending him a fart box as soon as ive fully documented its design, check him out :- https://twitter.com/kursamusic CHECK OUT MY MUSIC ON SPOTIFY :- http://bit.ly/LMNCSpotify Paypal :- https://www.paypal.me/lookmumnocomputer Thanks for all the support, as the above is how i keep this project afloat, as i don't think i'd be able to develop projects like the furby organ and gameboy mega machine otherwise so thanks! :D. SHOT BY JOHNNY GODDARD Facebook :- https://www.facebook.com/LOOKMUMNOCOMPUTER Website :- https://www.lookmumnocomputer.com Instagram :- https://www.instagram.com/lookmumnocomputer/ Always looking for old gear! to mod or conserve in the "museum of everything else" one day https://www.lookmumnocomputer.com/donations/

Six Techniques and Ideas that I have used to great effect in my own approach to guitar practice and technique building. If you have ever felt like you are just spinning your wheels, and making little progress in your actual playing then you may find these ideas will make all the difference to you. Small changes can make a huge different to your overall progress if you apply them systematically. This week I talk about. 00:40 Planning - Have a Clear Goal 01:24 Multiple Sessions in a day 02:35 Using your Time efficiently 04:01 Taking Breaks 04:59 The Pomodoro Technique 06:14 Deliberate Variance If you want to research this concept of using variability to accelerate learning further, then these two articles are a good place to start. https://bulletproofmusician.com/is-it-true-that-theres-a-way-to-learn-skills-twice-as-fast/ https://bulletproofmusician.com/perfect-shmerfect-the-stage-of-practicing-when-more-mistakes-is-better-for-learning/

Financial Options Pricing History. Today we will learn How do Investors Price Options? These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle Up to now we have looked at how options work and how they can be combined. We have mentioned options premium and how it is made up of time value and intrinsic value. In this video we will look at a few of the most common methods for pricing options. The value of options depends on a number of different variables in addition to the value of the underlying asset. They are complex to value and there are many pricing models in use. All models essentially incorporate the concepts of rational pricing, intrinsic value, time value, and put-call parity. In this video we will give you some insight as to how different variables affect option prices, and we hope to show you that while these methods are extremely useful, they are quite fallible, and can only give you an indication of fair value that is extremely dependent on the inputs into the formulas. The old “garbage in, garbage out” adage is particularly applicable to derivatives valuation—and most of financial mathematics. The formulas we will look at are only as good as the numbers that are put into them and often rely on a number of assumptions that do not always hold up in live securities market trading. They all rely on an estimate of volatility, and on an assumed distribution, that cannot be known in advance. In general, standard option valuation models depend on the following factors: • The current market price of the underlying security • The strike price of the option • The cost of holding a position in the underlying security, including interest and dividends • The time to expiration together with any restrictions on when exercise may occur • An estimate of the future volatility of the underlying security’s price over the life of the option. Options, or option-like contracts have been around for hundreds of years. Only in the 1970s was a formal pricing model introduced.. Options contracts are very similar to insurance contracts, and so most of the ideas used to price them came from the insurance business. As early as 1350 in Palermo, insurance contracts were common for casualty and credit risks relating to shipping. The two kinds of insurance were often being written separately. A popular contract was a conditional sale (similar to a put option) where the insurer agreed to purchase ship or cargo if it failed to arrive. Louis Bachelier (1870–1946) was a French mathematician credited with being the first person to model the stochastic process now called Brownian motion, which was part of his PhD thesis “The Theory of Speculation,” published in 1900. His thesis, which discussed the use of Brownian motion to evaluate stock options, is historically the first paper to use advanced mathematics in the study of finance. Thus, Bachelier is considered a pioneer in the study of financial mathematics and stochastic processes. Bachelier’s thesis was not well received because it attempted to apply mathematics to an unfamiliar area for mathematicians. We know the fair value of an options contract at expiration based upon the payoff diagrams, and we know that options are worth more than their value at expiration before the expiration date due to time value. Option value = Intrinsic value + Time value Before mathematical formulas existed for pricing options we knew that the fair value of options was higher than intrinsic value, as there was still time for the underlying to move in your favor, but not how much higher the price should be. Option prices, like all market prices, were just a capital weighted average of every market participant’s best guess as to what fair value should be. Should an investor feel that option prices were too high, they could simply sell some options, and this would push the price down to where other investors felt they were too cheap and thus were willing to buy them. Tune in tomorrow for Patricks Video on the Binomial Tree approach for pricing options.

China is the world's most important provider of the raw materials used to make cheap medicines. Ingredients of essential medications like cancer drugs, antibiotics and painkillers are all produced in China. For some active ingredients, worldwide production takes place in only one Chinese factory. What consequences does a monopoly like this have on patients, and what do increasing medicine shortages have to with it? ZEMBLA investigates the world's dependence on China for its medication.

Step by step tutorial on how to screen print posters. A DIY approach to exposing, registration and printing 2-color. The tools and suppply list below is everything I used and what you need to get started from scratch. Taking an ordinary storage cart and turning it into fine furniture!! https://youtu.be/dXNFezGMrJM Get the poster here: SOLD OUT ★ TOOLS / SUPPLIES ★ Exposure Calculator: http://bit.ly/2SN4UUD Exposure Bulb: http://bit.ly/2Ecdfcg Light Safe Darkroom Bulb: http://bit.ly/2SA1zsE Cleaning Scrub Brush: http://bit.ly/2tmOILp Emulsion Remover: https://amzn.to/2E9IOmT Screen Degreaser: https://amzn.to/2toT8Bk Photo Emulsion: http://bit.ly/2SU7Oa3 15" Squeegee: http://bit.ly/2GOwxpE 20"x24" 230 Mesh Screen: http://bit.ly/2SEmgE1 Clamp Lights: https://amzn.to/2TKH2OB Screen Printing Clamps: https://amzn.to/2XcMWu6 Red Ink: https://amzn.to/2EaKXie Black Ink: https://amzn.to/2TPRYKN Transparency Film 13"x19": https://amzn.to/2TPZKEH 16"x20" Glass: https://thd.co/2GM0ZRp 2" Foam: https://amzn.to/2TOUVLB Bristol Paper 14”x17": https://amzn.to/2TRBAcW To start completely from scratch and buy all the equipment above would cost $293.63 and includes two screens, two inks and paper ★ RECOMMENDED BOOKS ★ Print Liberation Screen Printing Primer: https://amzn.to/2GO8wPT Screen Printing Ultimate Studio Guide: https://amzn.to/2GHQ0Zf ★ ALL THE LINKS ★ Jupmode T-Shirt Printing: https://www.jupmode.com Patreon Support / Extra Content: http://patreon.com/picciuto T-Shirts / Books / Stickers / Plans: https://makesomething.tv/ My Other YouTube Channel: https://www.youtube.com/c/makesomething2 Making It Podcast: http://makingitpodcast.com ★ FOLLOW ME ★ https://twitter.com/drunkenwood https://instagram.com/MakeSomethingTV https://www.facebook.com/MakeSomethingTV https://www.pinterest.com/MakeSomethingTV David Picciuto PO Box 2499 Toledo, OH 43606

The Nokia 1 is the cheapest smartphone from Nokia. Read Bill and Melinda Gates annual Letter HERE: https://bit.ly/2TV3fJJ This video was sponsored by Bill and Melinda Gates. They talk about how important smartphones are to developing countries. Smartphones that are built to provide the basics, while still being extremely inexpensive. Are essential to these growing locations, and super important for the education and development of poor areas. In this video we will be seeing how durable the Nokia 1 is. Weve never had a Nokia Phone fail my durability test before. Will this super cheap smartphone be the first Nokia phone to fail at durability? Current Pricing on the Nokia 1 HERE: https://amzn.to/2NdMqrf *Follow me for updates!* Instagram: http://instagram.com/zacksjerryrig Facebook: http://on.fb.me/1U4bQqv Twitter: https://twitter.com/ZacksJerryRig Awesome Smartphone Tool Kit: http://amzn.to/2idLGDi LARGER tool kit: http://amzn.to/2DURcr7 Green Pry tool: http://amzn.to/1Tu57pI Metal phone opening tool: http://amzn.to/1WdOFv0 The camera I used to film this video: http://amzn.to/2p7GtkX The Lens I used for this video: http://amzn.to/1QOXDw2 Wide angle lens: http://amzn.to/2qiYM4u And this Metabones adapter: http://amzn.to/2iZ67Ty This is the drone I use: http://amzn.to/2joH00G TO SEND ME STUFF: See my P.0. Box on my 'About page': https://www.youtube.com/user/JerryRigEverything/about JerryRigEverything assumes no liability for property damage or injury incurred as a result of any of the information contained in this video. JerryRigEverything recommends safe practices when working with power tools, automotive lifts, lifting tools, jack stands, electrical equipment, blunt instruments, chemicals, lubricants, expensive electronics, or any other tools or equipment seen or implied in this video. Due to factors beyond the control of JerryRigEverything, no information contained in this video shall create any express or implied warranty or guarantee of any particular result. Any injury, damage or loss that may result from improper use of these tools, equipment, or the information contained in this video is the sole responsibility of the user and not JerryRigEverything. Only attempt your own repairs if you can accept personal responsibility for the results, whether they are good or bad.

Sit at the bench with Mr Carlson and follow along through the repair and restoration of a TRIO Signamax SM-1 RF preselector. This device amplifies "Boosts" weak radio signals so you can hear things not normally heard with the communications receiver alone. To check out Mr Carlson's Electronics Course, and get access to his personal designs, click here: https://www.patreon.com/MrCarlsonsLab To see the original release of the Carlson Low Voltage Leakage Tester, and see it in action, click here: https://youtu.be/LhovRIM5xAo

Today we learn about what a warrant is in finance and what a warrant is in debt. These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance In finance, a warrant is a security that gives the owner the right but not the obligation to buy the underlying stock of the issuing company at a fixed price called exercise price until the expiry date. Warrants and options are similar in that the two contractual financial instruments allow the holder special rights to buy securities. Both are discretionary and have expiration dates. The word warrant simply means to "endow with the right", which is only slightly different from the meaning of option. Warrants are sometimes attached to bonds or preferred stock as a sweetener, allowing the issuer to pay lower interest rates or dividends. They can be used to enhance the yield of the bond and make them more attractive to potential buyers. Warrants can also be used in private equity deals. Frequently, these warrants are detachable and can be sold independently of the bond or stock. In the case of warrants issued with preferred stocks, stockholders may need to detach and sell the warrant before they can receive dividend payments. Thus, it is sometimes beneficial to detach and sell a warrant as soon as possible so the investor can earn dividends. Warrants are actively traded in some financial markets such as German Stock Exchange (Deutsche Börse) and Hong Kong. Warrants are very similar to call options. For instance, many warrants confer the same rights as equity options and warrants often can be traded in secondary markets like options. However, there also are several key differences between warrants and equity options: Warrants are issued by private parties, typically the corporation on which a warrant is based, rather than a public options exchange. Warrants issued by the company itself are dilutive. When the warrant issued by the company is exercised, the company issues new shares of stock, so the number of outstanding shares increases. When a call option is exercised, the owner of the call option receives an existing share from an assigned call writer (except in the case of employee stock options, where new shares are created and issued by the company upon exercise). Unlike common stock shares outstanding, warrants do not have voting rights. Warrants are considered over the counter instruments and thus are usually only traded by financial institutions with the capacity to settle and clear these types of transactions. A warrant's lifetime is measured in years (as long as 15 years), while options are typically measured in months. Even LEAPS (long-term equity anticipation securities), the longest stock options available, tend to expire in two or three years. Upon expiration, the warrants are worthless unless the price of the common stock is greater than the exercise price. Warrants are not standardized like exchange-listed options. While investors can write stock options on the ASX (or CBOE), they are not permitted to do so with ASX-listed warrants, since only companies can issue warrants and, while each option contract is over 1000 underlying ordinary shares (100 on CBOE), the number of warrants that must be exercised by the holder to buy the underlying asset depends on the conversion ratio set out in the offer documentation for the warrant issue.

I visited Lincoln Electric's UK Welding Technology Centre to try MIG and TIG welding, which went pretty well. I'll be doing more welding in my channel in the future now I know what I'm doing! Check out: https://www.lincolnelectric.com/en-gb/ ① HARDWARE/SOFTWARE What more important hardware is there in life than the clothes on your back and the cup in your hand. You can get your own Robot X tee or openDog mug at the link below: Teespring: https://teespring.com/stores/james-bruton Below you can also find a lot of the typical tools, equipment and supplies used in my projects. Some of these links are affiliate links, meaning, at no additional cost to you, I might earn a little extra if you click and make a purchase. Lulzbot 3D Printers: http://bit.ly/2Sj6nil Lincoln Electric Welder: http://bit.ly/2UyA576 CNC Router: https://bit.ly/2QdsNjt Ryobi Tools: http://bit.ly/2RhArcD Axminster Micro Lathe: http://bit.ly/2Sj6eeN 3D Printer Filament: http://bit.ly/2PdcdUu Soldering Iron: http://bit.ly/2DrNWDR Vectric CNC Software: http://bit.ly/2zxpZqv And don't forget the code for some of my projects is available on my GitHub here: https://github.com/xrobots ② GENIUS No MacArthur grant yet. But while I’m still waiting by the phone for that call, maybe you might patronise me with your Patreon-age or pick up some of my merchandise. Or, if you’re all out of digital cash just comment on one of my hilarious Instagram pics, pop me a Tweet or generally yell in my direction. Patreon: https://www.patreon.com/xrobots Teespring: https://teespring.com/stores/james-bruton Instagram: https://www.instagram.com/xrobotsuk Facebook: https://www.facebook.com/xrobotsuk/ Twitter: https://twitter.com/xrobotsuk Huge thanks to my patrons, without whom my standard of living would drastically decline. Like, inside out-Farm Foods bag decline. Plus a very special shoutout to Aleph Objects, Inc who keep me in LulzBot 3D printers and support me via Patreon. Why not join my community, who are mostly made up of actual geniuses. There’s a Facebook group and everything: https://www.facebook.com/pg/xrobots.co.uk/community ③ XROBOTS Former toy designer, current YouTube maker and general robotics, electrical and mechanical engineer, I’m a fan of doing it yourself and innovation by trial and error. My channel is where I share some of my useful and not-so-useful inventions, designs and maker advice. Iron Man is my go-to cosplay, and 3D printing can solve most issues - broken bolts, missing parts, world hunger, you name it. XRobots is the community around my content where you can get in touch, share tips and advice, and more build FAQs, schematics and designs are also available. ④ MUSIC AND SFX The majority of the music and SFX used in my videos is from Epidemic Sound http://share.epidemicsound.com/xrobots

The first 200 people to sign up at https://brilliant.org/stevemould/ will get 20% off an annual subscription that gives you access to the full archive of Daily Problems and every single course. It looks like I may have been a little off on the explanation. Specifically attributing the movement of charge carriers exclusively to the electric field that build up. Read more about that here: https://www.quora.com/How-do-solar-cells-work/answer/Sjoerd-Smit-3 Animations by Dom Burgess. His brilliant channel, Every Think, is here: https://www.youtube.com/channel/UCGI000V6ZIAQf97MNybAaLQ Part 1 demonstration video is here: https://www.youtube.com/watch?v=6WGKz2sUa0w Photovoltaic cells and LEDs are both made of diodes. Diodes are designed to allow electricity to flow in one direction only but the way we make them (out of semiconductors) means that can absorb and emit light. Thanks to these amazing patrons on Patreon for supporting my channel: Glenn Watson Joël van der Loo Patreon: https://www.patreon.com/stevemould Twitter: http://twitter.com/moulds Instagram: https://www.instagram.com/stevemouldscience/ Facebook: https://www.facebook.com/stevemouldscience/ Buy nerdy maths things: http://mathsgear.co.uk