
Jim Leitner on Creating a Macro Edge, Trading Options and Carry Trades
Macro Hive Conversations With Bilal Hafeez
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How to Use Options to Express Your Views
Using options is a bit of a misnomer because what I really believe in is only options. You know, there's difference between being short options and being more options. And it's kind of the directional convexity. So when bad things happen to you, you know how much you can lose. We just don't know how wide the band of uncertainty ought to be.
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