4min chapter

Animal Spirits Podcast cover image

Talk Your Book: Diversify Your Diversifiers

Animal Spirits Podcast

CHAPTER

How to Buy Options on Interest Rates

Paul Sracic: This is a very concentrated portfolio of options, officially options on swaths. Think of it as like you have a bunch of put options on 30 year treasuries. The value of these options benefited both from the rising level of interest rates and rising rate fall. But to the best time to put on this type of position is on or right after the last rate hike.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode