How to Read an Event Contract Ladder
An event contract ladder is a row of threshold prices. Difference the legs into bucket odds, normalise, and read the implied mean and a rough interval.
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An event contract ladder is a row of threshold prices. Difference the legs into bucket odds, normalise, and read the implied mean and a rough interval.
How to pick an option strike price: what each delta band actually pays, and how often delta matched the realized share of contracts that finished ITM.