A Tour Around the Options World with SpotGamma's Brent Kochuba
Excess Returns
00:00
The Magnet of the Market
The strike this month for that, the call strike is at 4320. Today we closed about 30 or 40 points over that in the S&P. I think there's a lot of when everyone watches the same level, the market kind of like moves to that. If everyone knows I need to hedge, I can't just hedge the way they're expecting because I'm just disadvantaging myself.
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