paranoianovel Chapter 75 A New Beginning
Chapter 75 A New Beginning
Mr. Victor should be at the Eastern Regional Court by now; perhaps the region is throwing him a welcome banquet, Fafnir thought.
He had just gotten up; yesterday, after saying goodbye to Mr. Victor, he, Martha, and Alan had returned to Lorraine Manor by carriage.
It's quite rare; after waking up naturally at six o'clock sharp, he even took a nap.
At 10:30, the clock on the wall in the house clearly showed that this was an old clock that Clint had asked someone to buy some time ago, which must have cost him quite a bit of money.
Fafner felt a bit nauseous from sleeping too much; he felt like he had slept almost twice.
I don't know if it was because of the leisure of the holiday, or because he felt a little lost after saying goodbye to Mr. Victor, but it caused him to become a little nervous.
Perhaps, I've just been too tired this semester, and it's no problem for me to catch up on sleep during this rare holiday, even if it takes too long, Fafnir thought.
Clint and Alyssa had left breakfast and lunch for him, and they left for work very early.
Fafnir went to the table and ate the porridge he had for breakfast and the stew he had for lunch, along with some fresh vegetables and mixed wheat bread.
Oh, and eggs too. We only get to eat them occasionally; it's been a while since we've had any. Fafnir was happy, but then he wondered if his parents had eaten any…
There's also a little bit of smoked meat left over from last night, which his parents specially prepared to welcome him back at the end of the semester.
Elisa and Clint's cooking was superb; as always, Fafnir devoured every single dish.
This food was a combination of breakfast and lunch, and it was quite a challenge for Fafnir, who was under eleven years old, to finish it all at once.
But he mechanically repeated the act of eating; feeling full made him feel happy.
After dipping the last piece of mixed wheat bread in the soup and putting it in his mouth, Fafnir sat down to rest for a while, then washed the lunchbox.
Back at his desk in his room, Fafnir stared blankly at the scenery outside the window.
Tomorrow is August.
The bright sunshine filled the room with light, and thanks to the unique climate of Lorraine, Fafnir did not feel hot or the sun was too strong.
What should we do now?
Fafner thought for a moment,
Let's fill in the gaps in our spiritual energy for a while; we're already a little over three in progress.
Fafner took out a small piece of spirit amber and began filling it in.
But after about fifteen minutes, he stopped.
Fafnir felt his mind was a bit agitated, and it wasn't the right time to do something as intensive as filling the spiritual gaps.
Fafnir took out the silver badge and "activated" the Church of the God of Death's "Spiritual Remote Information Processing System."
But there wasn't much to see. Fafnir flipped through it casually and found it quite boring, wondering when the system would ever be "updated."
However, Mr. Victor is so busy that he probably won't be focusing on this for the time being.
I wonder if there are any other PhDs in spiritual studies in the Holy Kingdom who can do this...
Fafner put away the silver badge, thought for a moment, and then took out a brown paper envelope from the drawer of his desk.
By the way, this kraft paper envelope was a gift from Mr. Victor. At the time, it contained a transfer order from the grammar school to the school for poor children, as well as a few pieces of broken spirit amber.
Fafnir carefully took the contents out of the envelope: his Death God rank sequence certificates for Level Two, Level One Assistant Priest, and Level Four Priest.
There are also a few photos taken using a photo-retention technique.
Haha, I looked quite thin and weak back then, and my complexion wasn't very good either.
Fafner looked at the photograph taken when he officially joined the church and was awarded the rank of Second-Class Assistant Priest.
He was probably a little malnourished at the time, standing right in the middle, with Mr. Victor right next to him.
Two years have gone by so fast...
Fafnir touched the embossed seal and ink of the Temple of Eternal Rest on the rank certificate, feeling the textured surface.
He saw Mr. Victor's familiar face in the photograph, smiling at him.
Mr. Victor was truly handsome; his slightly wavy blond hair partially obscured his pointed ears, and he had bright blue eyes and a faint bluish stubble on his chin.
In Fafnir's memory, Mr. Victor did not make a fuss about styling his hair, unlike the other bishops who seemed meticulous.
In Fafner's eyes, this made him seem more approachable and youthful.
Mr. Victor was, after all, a young man, Fafnir thought.
He didn't specifically inquire about Mr. Victor's family background or personal privacy because he thought it would be disrespectful.
However, from his classes and his interactions with Mr. Viktor over the past few years, Fafner knew that Mr. Viktor was around thirty years old.
Mr. Victor hadn't been promoted to First-Class Bishop before because he was too young and lacked seniority.
Although his strength and ability have already met the standards.
Mr. Victor interned at the Holy Kingdom's United Inquisition for a period during his doctoral studies and was a member of the Holy Knights.
Fafnir understood that when he first met Mr. Victor, the full armor he was wearing must have been the equipment of the Holy Knights...
When will I see Mr. Victor again?
Ok……
I'll write a letter to Victor in a few days... in a church envelope, and send it to the Eastern District Court...
perhaps……
Remote information processing systems cannot be used because the distance is too far.
And it's not urgent, so it's impolite...
Mr. Victor...
Ugh……
I'm a little sleepy...
……
……
"Hey, my little Fafnir," Mr. Victor said, smiling at him.
Fafnir was pleasantly surprised; the face was familiar. He hadn't expected to see Mr. Victor so soon.
Wait a minute, what do you mean by "I didn't expect to see him so soon"? Isn't Mr. Victor right in front of me? Fafnir thought.
"Hello, Mr. Victor!"
Fafnir also smiled at Mr. Victor.
Smiling...
?
Fafnir wondered why Mr. Victor wasn't saying anything.
"What's wrong, little Fafnir?" Mr. Victor asked.
"Didn't you hear me? Let me repeat it again. Please review the Black-Scholes option pricing model we discussed yesterday for everyone."
"Ah...yes...please let me think about it."
Fafnir felt a little nervous. Hmm...
Yesterday we learned the Black-Scholes option pricing model.
What was it again...?
Option pricing models...
Uh...yes...
Oh no, I have no recollection of this at all. Didn't I learn it yesterday?
Ruined……
Fafnir felt his face should be bright red at that moment:
"I'm sorry, Mr. Victor, perhaps I didn't learn it well. I will definitely study hard in the future."
"It's alright, it's alright, my little Fafnir, did you not get a good rest last night?"
Go to bed early tonight, please have a seat.
Joelle, you answer this.
"Yes, Mr. Victor."
Joël, who was sitting in front of Fafnir, stood up:
"Let me first give a brief explanation of the European call option pricing model."
The theoretical price of a call option equals the product of the current price of the underlying asset and the standard normal cumulative distribution function value, minus the product of the present value of the strike price and the standard normal cumulative distribution function value…
"Good, Joël, please sit down. It seems you studied well yesterday."
"It seems some students are studying very hard, but some may not be in a good state."
Let me ask you another simple question.
Fafnir was sitting on pins and needles in the audience. Alas!
No, I can't understand this...
Luckily, I was just called on to answer a question...
"Who would like to stand up and answer the next question?"
"Ugh, here we go again. Every time Professor Victor says that, he just randomly picks people," Raymond couldn't help but mutter to Fafnir beside him.
"Oh? Nobody's here, then please... Ray... oh no, please Fafnir answer this."
Fafnir stood up awkwardly. Why was Raymond whispering to him?
"Fafner, you didn't answer that question, so let me ask you a simple one."
"Could you explain call options and put options?"
"..."
Mr. Victor looked at Fafnir with a smile.
Ruined……
Such a familiar question.
but,
I just can't figure it out...
……
……
"call……"
Fafnir suddenly opened his eyes; his heart was pounding.
It was just a dream...
The sunlight outside the window was still so bright, the manila envelope on the table was still open, and Mr. Victor in the photograph was still smiling.
Looks like I've been really exhausted lately...
Fafner let out a sigh of relief, realizing he had fallen asleep on his desk, his arm numb from the weight, and the creases of his clothes imprinted on his cheek.
"The Black-Scholes option pricing model..."
Fafnir repeated it softly, the images from his dream still lingering in his mind.
He had learned these things in his previous life, but that was a long time ago, so long that he thought he had forgotten them completely.
Call options, put options, strike price, expiration date...
These words surfaced from the depths of my memory.
Fafnir rubbed his temples and leaned back in his chair.
Strange, why would I dream about this?
Is it because I ate too much breakfast and lunch together today, causing blood to rush to my stomach and resulting in oxygen deprivation in my brain?
Or was it because I felt lost after saying goodbye to Mr. Victor that my mind started to wander into random dreams?
Fafnir shook his head, preparing to stand up and pour himself a glass of water to calm himself down.
But just as he stood up, a sudden thought stirred deep within his consciousness.
Fafner froze, slowly sat back in his chair, and closed his eyes.
The image of a "ledger" surfaced in my mind, and the pages were turning.
The book, composed of discarded ledgers, was turned page by page.
Familiar entries flashed quickly before Fafner's eyes.
Fafnir felt his breath catch in his throat as he watched the changes, guided by his intuition.
Until the ledger stops at a certain page,
A new line of text appeared on the page.
— "Options".
Fafnir paused for a moment,
There is another line of smaller text below:
"Option buyer,
The "options" feature allows you to pre-set trading conditions for potential future changes in the status of a claim.
Fafner stared at that line of text for a long time.
He wasn't sure if he understood it correctly.
The original function of the ledger was "crediting"—he lent temporary bootstrapping frameworks to others, and when they learned them, he could earn some interest.
Now there's an added "option".
Options... are the right to choose the future?
Something so familiar, but...
Fafnir felt somewhat weary, realizing he had truly forgotten everything.
He thought for a moment, then tried to connect with the words through his spirituality.
The underlying debt—the thing he lent out, such as basic meditation techniques, or clairvoyance…
Exercise conditions – What must happen in the future for him to exercise this option…
The strike price – what he has to pay, or what he has to gain…
Expiration Date – The time when the option expires…
Fafner got up, took a sip of water to moisten his throat, leaned back in his chair, and stared at the ceiling.
I think... I understand a little better.
For example, if he lends Martha the guiding framework for her visionary guidance for thirty days, and if he does so at the same time...
Set up a "call option"—on the thirtieth day, if Martha gains vision, she can "buy back" the guiding framework at a certain "price."
But the bootstrapping framework originally belonged to him, so why buy it back?
No...that's not how it works.
Fafnir changed his approach.
If he had included a "put option" when lending the guiding framework to Martha—meaning that if Martha hadn't learned clairvoyance by the thirtieth day, he would have had the right to demand some form of "compensation" from the ledger—
For example... if Martha didn't learn clairvoyance, then some of the spiritual energy she consumed in practicing clairvoyance over the past thirty days can be "compensated" to him?
Fafner found the idea interesting, but also somewhat illogical.
He thought about it again...
What about something with a longer-term perspective?
For example, he might lend a child a basic meditation technique and then set an option—if the child later advances to the level of an Enlightened One, he is entitled to a certain benefit.
This sounds a bit like... investing?
Fafner recalled the words from his dream.
Those words he only remembered from his past life...
A call option is a bet on future price increases. The guiding framework that he lends out now is like an investment. If the debtor succeeds in the future, he can "exercise" the option and get a return.
A put option is a bet on a future price decline. If the debtor defaults in the future, the debtor can "exercise" the option to reduce losses.
Options,
That is, the right to choose in the future.
If he understands correctly, this feature allows him to make some kind of "trade" with the "future."
But it shouldn't be a transaction with money; it should be with spirituality, with claims, with what he lent out.
Fafner placed the cup on the windowsill, turned back to his desk, picked up a pen, and wrote a few words on a scrap of paper:
Lending – transactions focused on the present.
Options – Trading in the future
This is a bit difficult to calculate...
Fafner put down his pen and leaned back in his chair.
He recalled what Mr. Victor had said:
"What you can do now is to solidify your foundation, fill in the gaps in your spiritual energy, and master the techniques you need to learn. As for the path you should take in the future, you will naturally know once you have a solid foundation."
Fafnir agreed with Mr. Victor.
He doesn't understand this "options" feature yet, and probably won't need it for the time being.
……
The air in the yard was fresh, and the sunshine felt warm on my face.
Fafnir went into the courtyard, sat down on a stone bench, closed his eyes, and simply let the sunlight fall on his eyelids, feeling its warm, orange-red glow.
Let's think about those things tomorrow.