What is money? What is inflation?

[mostlylong]

@captainccs

I’ll ask some questions. My post was about option trading being a zero sum game which you deny bringing up volatility and delta hedging.

¿Does whoever buys the call options I sold have to delta hedge?
¿is delta hedge obligatory?

My questions are not about counterparty, they are about the monetary value of equity options.

(although your counterparty in US listed equity options will almost always be a market maker, who will most likely understand and use delta hedging when they post quotes on the exchange).

My questions are about delta hedging, which is a result of how to value (price) an option.

Which is the same as Black-Scholes:

@captainccs

standardize option trading through the use of the Black Scholes option pricing model.

Black-Scholes Model: What It Is, How It Works, and Options Formula

Here’s a statement on counterparty:

@captainccs

Does the counter-party change the mathematics of option trading? I never found that even mentioned in the best option text book I ever read. It seems Sheldon Natenberg doesn’t think it matters.