3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP451: The Story of Bill Gross aka The Bond King W/ Mary Childs

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Options Trading Strategy - I'm Like, I Want to Hedge This.

Onnet was able to express his strategy by selling strangles. He would identify a range in which he thinks the market will trade and sell options around that. Other people are more than happy to buy that insurance from him, because they're offsetting their risk. But pimcos trading ended up breaking this contract so it no longer exists. It's really impressivens hard to do, especially in a early days of tha bond market, is fascening.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode