LeetQuant
Get started free
Plans

Risk Plan

· 21 days

A plan for risk-desk interviews: portfolio construction and the Sharpe ratio, Value at Risk and CVaR, the Kelly criterion and drawdown, statistics and distributions, plus the finance and options a risk seat needs. Mixed daily for retention; coding stays light.

Sign in to track your progress — each day checks off as you solve its problems.

1
Day 1

Finance · Portfolio · Probability

90
Put-Call Parity
FinanceGoldman SachsMorgan Stanley
Easy123
Sharpe Ratio
Portfolio & RiskGoldman SachsAQR Capital
Easy18
Coin Toss — Two Heads
ProbabilityJane Street
Easy
2
Day 2

Options · Statistics · Stochastic

135
Variance of Uniform(0,1)
StatisticsGoldman SachsCitadel
Easy107
Delta of an ATM Call
Options & GreeksOptiverIMC Trading
Easy41
Variance of Brownian Motion
Stochastic ProcessesGoldman SachsMorgan Stanley
Easy
3
Day 3

Coding · Finance · Portfolio

64
Two SumLeetCode
Algorithms & NumericalGoogleDE Shaw
Easy93
Zero-Coupon Bond Price
FinanceGoldman SachsPIMCO
Easy132
Portfolio Beta
Portfolio & RiskGoldman SachsAQR Capital
Easy
4
Day 4

Options · Probability · Statistics

19
Monty Hall
ProbabilityGoldman SachsMorgan Stanley
Easy136
OLS Slope
StatisticsTwo SigmaAQR Capital
Easy108
Delta of a Forward
Options & GreeksOptiverIMC Trading
Easy
5
Day 5

Finance · Portfolio · Probability

94
Futures Fair Value
FinanceGoldman SachsOptiver
Easy124
Two-Asset Portfolio Volatility
Portfolio & RiskGoldman SachsAQR Capital
Medium22
Flips Until First Head
ProbabilityOptiverIMC Trading
Easy
6
Day 6

Finance · Statistics · Stochastic

137
Variance of a Sum
StatisticsGoldman SachsMorgan Stanley
Easy95
Duration & Price Sensitivity
FinanceGoldman SachsJ.P. MorganPIMCO
Easy38
Flips Until Two Heads in a Row
Stochastic ProcessesJane StreetCitadel
Medium
7
Day 7

Options · Portfolio · Probability

110
Most Negative Put Delta
Options & GreeksGoldman SachsOptiver
Easy125
Value at Risk (Normal)
Portfolio & RiskGoldman SachsMorgan StanleyMillennium Management
Medium24
Two Dice Sum to 7
ProbabilityOptiverIMC Trading
Easy
8
Day 8

Coding · Finance · Statistics

138
Central Limit Theorem
StatisticsGoldman SachsMorgan Stanley
Easy73
Monte Carlo — Estimate π
Algorithms & NumericalGoldman SachsTwo Sigma
Easy96
Perpetuity Value
FinanceGoldman SachsJ.P. Morgan
Easy
9
Day 9

Options · Portfolio · Probability

126
CVaR / Expected Shortfall
Portfolio & RiskAQR CapitalTwo Sigma
Medium112
Sign & Peak of Vega
Options & GreeksOptiverIMC Trading
Easy29
Two Children
ProbabilityGoldman SachsMorgan Stanley
Easy
10
Day 10

Finance · Portfolio · Statistics

139
MLE of a Coin
StatisticsTwo SigmaDE Shaw
Easy97
Rule of 72
FinanceGoldman SachsMorgan Stanley
Easy127
Diversification & Sharpe
Portfolio & RiskAQR CapitalCitadel
Medium
11
Day 11

Finance · Probability · Stochastic

39
Gambler’s Ruin
Stochastic ProcessesJane StreetSIG / Susquehanna
Medium100
Coupon Equals Yield
FinanceGoldman SachsPIMCO
Easy35
Expected Rolls for a Six
ProbabilityOptiverIMC Trading
Easy
12
Day 12

Options · Portfolio · Statistics

141
Range of Correlation
StatisticsGoldman SachsCitadel
Easy113
Delta Hedging
Options & GreeksOptiverCitadel Securities
Easy128
Maximum Drawdown
Portfolio & RiskCitadelTwo SigmaMan Group
Medium
13
Day 13

Coding · Finance · Probability

74
Newton’s Method for √2
Algorithms & NumericalGoldman SachsJane Street
Easy101
Current Yield
FinanceBarclaysMorgan Stanley
Easy36
At Least One Six
ProbabilitySIG / SusquehannaOptiver
Easy
14
Day 14

Options · Portfolio · Statistics

142
Variance of a Scaled Variable
StatisticsGoldman Sachs
Easy129
Kelly Criterion
Portfolio & RiskCitadelJane Street
Medium116
How Dear Can a Call Be?
Options & GreeksJane StreetAkuna Capital
Easy
15
Day 15

Finance · Probability · Stochastic

42
Covariance of Brownian Motion
Stochastic ProcessesGoldman SachsTwo Sigma
Medium104
Duration and a Rate Move
FinancePIMCOBlackRock
Easy20
Roll Until All Six Faces
ProbabilityGoogleTwo Sigma
Medium
16
Day 16

Finance · Portfolio · Statistics

134
Correlation of X and X²
StatisticsTwo SigmaDE Shaw
Medium130
VaR Time Scaling
Portfolio & RiskGoldman SachsMorgan Stanley
Medium106
Real Rate of Return
FinancePIMCOCitadel
Easy
17
Day 17

Options · Probability · Statistics

118
Find the Put from Parity
Options & GreeksGoldman SachsMorgan Stanley
Easy21
Birthday Problem
ProbabilityGoldman SachsCitadel
Medium140
Covariance of a Linear Transform
StatisticsGoldman SachsAQR Capital
Medium
18
Day 18

Coding · Finance · Portfolio

131
Minimum-Variance Weight
Portfolio & RiskAQR CapitalBlackRock
Medium83
Nim GameLeetCode
Algorithms & NumericalJane StreetSIG / Susquehanna
Easy91
Black-Scholes ATM Call
FinanceGoldman SachsMorgan Stanley
Medium
19
Day 19

Options · Stochastic

44
Random Walk Recurrence
Stochastic ProcessesTwo SigmaDE Shaw
Medium119
Delta of a Deep ITM Call
Options & GreeksIMC TradingOptiver
Easy
20
Day 20

Probability · Statistics

23
Drunk Passenger
ProbabilityJane StreetCitadel
Medium143
Variance of the Sample Mean
StatisticsTwo SigmaDE Shaw
Medium
21
Day 21

Finance · Portfolio

133
Annualizing Sharpe
Portfolio & RiskTwo SigmaAQR Capital
Medium92
Risk-Neutral Probability
FinanceGoldman SachsJ.P. Morgan
Medium