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.