That's great advice Kent. And it makes tons of sense because you are actually long the gamma at the upward strike, and selling the expensive down-and-out strike. This is a good strategy for this environment.
As for the asset that shall not be named, does shorting the ETF and futures outright and then adding short calls count as a hedge?
That's great advice Kent. And it makes tons of sense because you are actually long the gamma at the upward strike, and selling the expensive down-and-out strike. This is a good strategy for this environment.
As for the asset that shall not be named, does shorting the ETF and futures outright and then adding short calls count as a hedge?
That's great advice Kent. And it makes tons of sense because you are actually long the gamma at the upward strike, and selling the expensive down-and-out strike. This is a good strategy for this environment.
As for the asset that shall not be named, does shorting the ETF and futures outright and then adding short calls count as a hedge?
A Texas hedge! :)