This popped up on a casual search: https://medium.com/@antonellosemeraro/technical-debt-is-not-debt-its-an-unhedged-call-option-b0ea3820cece https://medium.com

This popped up on a casual search: https://medium.com/@antonellosemeraro/technical-debt-is-not-debt-its-an-unhedged-call-option-b0ea3820cece https://medium.com/@antonellosemeraro/technical-debt-is-not-... (paywalled, looks like a decent and recent writeup from what I can see of it, and the essence is above the fold). Not sure why Ward Cunningham missed this, I expect in corporate finance (not stock trading) options trading (for profit, not hedging) isn't common.