Trading & Execution

Thinking in expected value and identifying edge — the lens traders are hired to apply.

• ▸EV under uncertainty and variance
• ▸Sizing to edge, not to conviction
• ▸When not to take a bet

Options reasoning without heavy maths — payoffs, the Greeks as intuition, and hedging.

• ▸Payoff shapes and break-evens
• ▸Delta and gamma as intuition
• ▸Why and how desks hedge

Framing trades by risk and reward and sizing positions sensibly under limits.

• ▸Asymmetry and skew in payoffs
• ▸Stop discipline and limits
• ▸Kelly intuition, applied loosely

The arithmetic fluency trading interviews demand, and how to build it.

• ▸Fast multiplication and percentages
• ▸Estimation and rounding strategies
• ▸Staying accurate at speed

Building clean, auditable trading models — PnL, payoffs and scenario tables.

• ▸Structuring inputs and outputs
• ▸Payoff and scenario tables
• ▸Avoiding fragile spreadsheets

Lightweight Python for pricing and hedging intuition without a quant-heavy setup.

• ▸A minimal option payoff model
• ▸Delta-hedging a position
• ▸Plotting risk against spot

Trade Blotter Completion

Complete booking fields — side, quantity, price, fees and status — then flag invalid rows.

Daily PnL Attribution

Decompose desk PnL across price move, FX, fees and carry and reconcile to the total.

Hedging Scenario Matrix

Build a scenario matrix showing position risk and the hedge required across spot moves.

Options Greeks Worksheet

Compute and interpret the Greeks for a small options book under given market data.