A, the difference between colls and s maybe colls are a bit expensive, ah, but it's not crazy. O, i'll buy some coals and i'll sit on them. Or you could then say, oh, you know what? I actually think bos cause that will give you bas a long deltary exposure where you pay less decay. Aan, you can do those ratios they call themin in any ratio. They would be expensive. And if you're trading your book in a fashion that is even remotely delt and neutral, then to get something up a more, ah, becomes more complicated.

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