Comment “Quant” if you want my ml model. @Atlanta Falcons had a lucky win today. #ATLvsTB #nfl #quantfinance #sportsanalytics
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Most models assume volatility is “flat”: \\sigma(K, T) = \\text{constant} But real markets disagree. Volatility bends across strike (K) and maturity (T) — creating the volatility surface (smile/skew term structure). That shape is the market’s risk pricing in 3D. If your model can’t explain the surface, it’s missing the risk. Want a follow-up on why smiles exist (jumps, skew, leverage effect) and how quants model them? Comment “VOL”. #Volatility #Options #VolSurface #ImpliedVol #QuantFinance
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