Nicola Fusari is PhD in Finance from the Swiss Finance Institute at the University of Lugano in Switzerland. He is currently Postdoctoral Fellow at Kellogg School of Management at Northwestern University, USA. His research fields are equity and variance risk-premia, jump risk, volatility dynamics, option pricing, and high frequency data. Nicola is currently working with Professors Torben G. Andersen and Viktor Todorov in a research project that relates option prices and state dynamics.