The PCR Is a Very Important Driver of the Capital Efficiency and the PCR Strategy Is Very Sensitive to This.

The average book size and the average value at risk doesn't change it just changes the amount of entries that you have but since you have more credit per entry they all kind of balance out. If you purposely sell less per week less frequency you can sort of increase the target that you need per entry and still size the trade the same from a come overall risk level. The last point I want to make is about the PCR again this is sort of a backwards looking metric and we're using that to to ground and to size everything  but you want to be kind of conservative so on the risk calculator if you are assuming a very high premium capture rate that is good in sense that you're not