WTF (Wait That’s Finance) Part I: Deep in the Money Naked Calls

Oh no here come the financial concepts, time to clear the cob webs we are going to talk about derivatives.  Want to sound smart at work today, drop the word derivative in some random sentences and wait for the looks you get.  This is how my wife fell in love with me. Except this was back in college and I was a Chemistry major at the time.  I started dropping some names of the elements off the periodic table and the rest is history.  What is a derivative? What does the word mean, let’s take the root, derive.  Derive means...