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Is It Consistently Grinding Down Markets?
The market is persistently grinding down, and there's a trade off to putting on that straddle when you have this type of environment. You can be wrong 99 times, in the hundredth time pays for those 99, right? So we're like making money along the way, curtailing the downside better than the market,. But still repositioning ourselves almost daily for for a right skew payoff as soon as that event happen.