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What happens in Vegas…. Gets Dished on this Pod. Overheard at a Derivatives Conference, Part 2
Mutiny Investing Podcast
Vega - What Happens When They Have to Cover That, Right?
The insurance companies represent, you know, so many hundreds of trillions and thes like, let's just put it in very specific vaga numbers. And this isor every one point move in vega, yet we're moving probly about a billion dollars. You just think about thatbeing short of billion. Vega, that's just even thouh that salary, one mora move. Sosa vix goes from ten to 20. That's ten billion off the table.
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