In the News

Media & Research

The Vola Dynamics team is at the cutting edge of research in dividend and volatility surface modeling, volatility dynamics, and the design of super-fast and robust pricing and calibration algorithms.

Most of our research is available exclusively to clients.

Press Coverage

An oral history of the fear index

Financial Times Alphaville • September 20, 2023

Read article →

The Swiss Army Knife of Options Analytics

Wilmott Magazine • January 2020

Profile of Vola Dynamics

View PDF →

Innovators Pavilion 2016 – Where are they now?

FIA MarketVoice • July 21, 2021

Read article →

Vola was at the GVS 2019

Global Volatility Summit • March 13, 2019

View event →

How S&P 500 options may be used to manipulate VIX 'fear gauge'

MarketWatch • June 19, 2017

Read article →

18 Startups Bringing New Products and Services to the Derivatives Markets

FIA MarketVoice • November 16, 2016

Read article →
Blog & Insights

Vola Dynamics' Greatest Hits

LinkedIn • September 2021

Read post →

GameStop options trading during the short squeeze

LinkedIn • February 2021

Read post →

SPX vol surfaces during the 2020 Coronavirus Crash

LinkedIn • March 2020

Read post →

Spot-Vol Dynamics and Deltas for SPX Options

LinkedIn • January 2020

AAPL, FB vol curves around earnings

LinkedIn • January 2019

Read post →

The Global Volatility Summit New York happens on March 13, 2019

LinkedIn • January 2019

Read post →

Pot is hot: Having fun with TLRY options and borrows

LinkedIn • September 2018

Read post →

The option market thinks there is a 16% chance that Tesla will not exist in January 2020

LinkedIn • July 2018

Read post →

The option market thinks there is a 16% chance that Tesla will not exist in January 2020 (part 2)

LinkedIn • July 2018

Read post →

Volatility Surface Fitting Buy vs Build

LinkedIn • June 2018

Read post →

The Most Interesting Volsurface in the World

LinkedIn • June 2018

Read post →

Vol Dynamics Releases Vol Derivatives Module

LinkedIn • May 2018

Read post →

How does a Bitcoin volatility curve look like?

LinkedIn • October 2017

Read post →

Are you in the options business -- then ask yourself these questions

LinkedIn • September 2017

Read post →

"Your Curves work like magic"

LinkedIn • July 31, 2017

Read post →

How can we extend the success of the VIX to the whole equity options market

TABB Forum • May 18, 2017

TABB piece on the history of volatility modeling among OMM

Valuing options on leveraged ETFs

LinkedIn • March 8, 2017

Read post →

How dividends impact options greeks

LinkedIn • October 14, 2016

Read post →
Video Content

Navigating New Waters of Extreme Change in Quant Finance

CQF Institute's QuantSpeak Podcast • September 2024

Timothy Klassen, CEO and Founder, on Vola's Offerings and Founding

QuantMinds Conference, London • November 2023

Misha Fomytskyi's appearance on AD Derivatives' Podcast

AD Derivatives • June 2022

Presentations

Real Time Implied Volatility Surfaces: A Practitioner's View of the Black Arts

CBOE RMC Quant Conference • October 2, 2025

Secrets of the Implied Volatility Surface: Inferring Rates, Dividends, Events, and Risk-Neutral Densities from Options Prices

Bloomberg Quant Seminar • February 24, 2025

State of the Smile: The Ever-Surprising Evolution of the Equity Options Market

QuantMinds Conference, London • November 15, 2023

Robust Options Valuation and Risk Management Workflows with Vola Dynamics Analytics

Quant Insights 2021 • October 28, 2021

Optimal Portfolio Construction and Risk Premia in Options Markets

Quant Insights 2021 • October 27, 2021

Navigating New Waters of Extreme Change in Quant Finance

Quant Insights 2021 • May 2021

The New World of Options Trading: Valuation, Risk and Robust Workflows

Quant Insights 2021 • May 2021

Tools for Options Trading in a Crazy World

MathFin Conference 2021 • March 16, 2021

Tools for Options Trading in the New World - A Report from the Cutting Edge

Quant Insights 2020 • November 12, 2020

View conference →

Arbitrage-Free Parametric Implied Volatility Surfaces and Real-Time Fitting

Global Derivatives Conference • November 2, 2017

Equity Implied Vols for All, Part 2: Implied Volatility Curve Design and Fitting

Columbia University, Practitioners Seminar • March 24, 2016

View presentation →

High Performance Options Analytics and Volatility Modeling

Columbia University, Algorithmic Trading Class • April 13, 2016

View presentation →

Equity Implied Vols for All, Part 1: Pricing with Cash Dividends

Columbia University, Financial Engineering Seminar • November 16, 2015

View presentation →
Research Publications

Relevant for Vola Dynamics Software Solutions

Pricing Vanilla Options with Cash Dividends

SSRN • July 2015

View paper →

Necessary and Sufficient No-Arbitrage Conditions for the SSVI/S3 Volatility Curve

SSRN • February 2016

View paper →

Earlier Articles about Pricing Models and Algorithms

Simple, Fast and Flexible Pricing of Asian Options

Journal of Computational Finance, 4(3) 89-124 • 2001

View paper →

Pricing Variance Swaps with Cash Dividends

Wilmott Journal, 1(4) 173-177 • 2009

View paper →

Symmetries in Jump-Diffusion Models with Applications in Option Pricing and Credit Risk

International Journal of Theoretical and Applied Finance, 6(2) 135-172 • 2003

View paper →

Scaling Invariance and Contingent Claim Pricing

International Journal of Theoretical and Applied Finance, 4(1) 1-21 • 2001

View paper →

Scaling Invariance and Contingent Claim Pricing II: Path-Dependent Contingent Claims

International Journal of Theoretical and Applied Finance, 4(1) 23-43 • 2001

View paper →

Asians and Cash Dividends: Exploiting Symmetries in Pricing Theory

Available at SSRN, arxiv

View paper →

Tradable Schemes

Available at SSRN, arxiv

View paper →

Converting the Reset

Available at SSRN, arxiv

View paper →