Options Trading for Macro Investors | Imran Lakha
Forward Guidance
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The Beauty of Options
The beauty of options is you have the ability to take a view on other parameters, and those parameters are volatility parameters. You might not have a directional view on the underlying of the asset, where it's gonna go. But what you might have a view on is that the volatility of it is gonna go much higher or much lower. So when you buy optionality, you buy... whenever you buy an option on an asset, you want the implied volatility to go up.
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