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5min chapter
Gamma On Ep10: OJ & the Options Author Bookend Trading Talk
Gamma On
Risks and Speculations in Modern Trading
This chapter examines the metaphorical relationship between current temperatures and risk assessment in trading, highlighting the dangers of opaque speculation. It explores the evolution of trading behaviors, the impact of mortgage-backed securities, and the rise of high-volatility ETFs, emphasizing the importance of understanding their risk profiles.
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