Oil Futures Volatility Smiles in 2020: Why the Bachelier Smile is Flatter

Explore the intricacies of oil futures volatility smiles in this lecture from the Brooklyn Quant Experience Lecture Series. Join Roza Galeeva, Adjunct Professor in the Department of Finance and Risk Engineering at NYU Tandon, as she delves into the topic "Oil Futures Volatility Smiles in 2020: Why the Bachelier Smile is Flatter." Gain insights into the Bachelier Model, put options, skew, and the Black and Bachelor logarithmic mean. Examine the differences between theoretical analysis and real data, and understand the processes of normalization and skewing. The lecture concludes with valuable insights and a discussion led by Ken Winston, offering a comprehensive look at this complex financial topic.

Introduction
Presentation
Bachelor Model
Objective
Differences
Model
Put Option
Skew
Black and Bachelor
logarithmic mean
data analysis
theoretical analysis
real data
normalization
skewing
conclusions
Ken Winston