Thorsten Wegener On the Simplest Way to Understand Option Markets
Macro Hive Conversations With Bilal Hafeez
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Is There Unlimited Downside?
When you're long cash, you're so exposed to the downside, and's unlimited. If i think o cay thares a probability that there's a huge move through the upside,. then i have e pay out profile. On the downside, i lose less, and on the upside, i can make an absolute killing. And if it doesn't develop in that direction, i'll have at least the premium. I do that over and over again. You have to understand an oftey a little bit how these things behave. When markets move, where you come to your greeks, telta gama, teta, vega o, cham vana, reg
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