The Difference Between Being Contrarian and Just Being Wrong

With long options you can be wrong for a lot longer I think it's a lot more forgiving than something that's a linear derivative like if you think about using a future or forward or something like that. There definitely is pain involved in the in the meantime but I think it gives me a lot of comfort with the way that we're investing and again remember most people are not using options as part of their portfolio option are the periphery of the portfolio for us.