Optiver Quant Analyst Interview Questions with Solutions
In this guide, we’ll break down some Optiver Quant Analyst interview questions, provide detailed solutions, and explain all the concepts involved. Let’s dive in.
A person has 100 pounds to gamble. First, he will gamble 1 pound and if he wins, he will leave. Otherwise, he will gamble double next time until he wins. What is his profit from this game?
This problem is a classic example of the Martingale betting strategy. The player starts with a 1-pound bet. If he loses, he doubles his bet each time (2, 4, 8, ...) until he wins. As soon as he wins, he leaves the game. The questions we need to answer are:
