Statement
The process
$$ B_t^2-t $$is a martingale.
Verification
For $s Expanding and conditioning on $\mathcal F_s$ gives B_s^2+2B_s\mathbb E[B_t-B_s]+ \mathbb E[(B_t-B_s)^2]-t.
$$ Because we get$$
\mathbb E[B_t^2-t\mid \mathcal F_s]
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The process
$$ B_t^2-t $$is a martingale.
For $s Expanding and conditioning on $\mathcal F_s$ gives B_s^2+2B_s\mathbb E[B_t-B_s]+ \mathbb E[(B_t-B_s)^2]-t.
$$ Because we get$$
\mathbb E[B_t^2-t\mid \mathcal F_s]
Source Links