Nov 24 2020 13 mins 9
In last week’s Skinny on Quantitative Finance, we introduced [Conditional Value at Risk (CVaR)](https://ontt.tv/35NMSY1 ). This metric can be used as an estimate for the expected loss of a portfolio/position at a given likelihood level and can be used to model losses in extreme cases. Join Tom and Tony as they look at some CVaR calculations for different types of early-managed SPY strangles.
