Thorne Wolfenbarger

Sign in Subscribe

Thorne Wolfenbarger

Pricing Options with the Black-Scholes Model [Short]

Recently, I have been learning about optimal options pricing under various sets of assumptions. The introduction to risk-neutral options pricing is the Black-Scholes model, which assumes you have an arbitrage free market with at least one risk-free asset and one risky asset. Additionally you assume that the log-price of the

Unconventional Statistics With Dice – Expected Minimum Roll from 3 dice

In a previous post I discussed the potential benefits for using Monte Carlo simulations in place of traditional statistical modeling. Here, I would like to consider an interesting stats puzzle that I found to be non-trivial (read hard), which has a relatively tidy solution. First, we will investigate the solution

Prebuilt Blogging Solution & Paying For Hosting as a Software Engineer - Why?

One characteristic that almost every engineer is the innate desire to create. These feelings of creativity can manifest differently from one engineer to another, be it web-dev, algorithm design, manufacturing projects, raspberry pi, etc.. This desire to build something is universal. So when I decided (for maybe the 100th time)

Algorithm Breakdown – Container With Most Water

Container With Most Water (Problem #11) on the popular competitive programming site LeetCode [leetcode.com] is called “Container With Most Water.” The question prompt is as follows: “Given n non-negative integers a1, a2, …, an , where each represents a point at coordinate (i, ai). n vertical lines are drawn such that

What Does System Design Actually Look Like? - Creating a WhenIsGood Clone From Scratch

System design is a complicated skill that takes engineers of all disciplines years to become proficient in, yet alone master. In order to practice my low-level system design skills and tackle an inconvenience I often have, I decided to recreate the popular meeting scheduling website WhenIsGood [whenisgood.net] and make

Monte Carlo Simulations: For When Math Is Just Too Hard

“Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted due to the intervention of random variables.“ (Investopedia, 2019) For me, ease of prediction is completely relative. If doing the math on a process proves itself too cumbersome or boring,

Binary Search: An Algorithms and Data Structures Website for leveling up your skills

Recently released for beta, Binary Search [binarysearch.com] renovates the traditional online coding examination and practice environment. At its core, Binary Search is one of many websites that offers an online code editor where developers of all skill levels can compete to solve algorithmic questions. The primary differentiator between Binary

See Eleanor Pahl's work at Eleanoria

Eleanor Pahl is a Podcast Intern at Coindesk, freelance crypto journalist, and music enthusiast. If you are interested in anything music or crypto, check her out at https://eleanor.ghost.io/

Wordle optimal guesses using minimax

Wordle is an online game where the purpose is to guess a "random" 5 letter word in 6 or fewer guesses. A prompt explaining the rules of Wordle when you first play (powerlanguage.co.uk/wordle/)Recently, I made a small piece of code that calculates some of