Introduction

Genon: Sizing for something like EDV is gonna be different than something like SHY, right? So, those are both fixed incomes. The one that I typically have up on my screen when I'm adding to new pieces of inventory is the 30-day realized volatility. You're sizing FX as your largest potential max position size,. This is per position, 12%, fixed income 10, equity six, commodities four, options in individual security, somewhere between 1 and 2%. Now, again, options are much more volatile than even individual security.