https://ilovevol.app/blog/ Volatility and financial engineering articles: weekly market notes on VIX, skew and gamma, plus quant research series on option pricing models. en https://ilovevol.app/blog/implied-volatility-and-the-smile https://ilovevol.app/blog/implied-volatility-and-the-smile Wed, 14 Oct 2026 12:00:00 GMT Quant Research Part 2 of From Black-Scholes to the Vol Surface: how implied volatility is computed, why equity index options are skewed, and how the smile reveals market-implied probabilities. https://ilovevol.app/blog/black-scholes-and-the-greeks https://ilovevol.app/blog/black-scholes-and-the-greeks Wed, 14 Oct 2026 00:00:00 GMT Quant Research Part 1 of From Black-Scholes to the Vol Surface: the model's assumptions, what the formula means, the Greeks, the gamma-theta trade-off, and where the model breaks.