Overview of the hedge portion of the Bibranium Shield Strategy

The speaker discusses the hedge portion of the Bibranium Shield Strategy, highlighting its importance and the challenges it presents. The hedge is seen as the most difficult and unpredictable part of the strategy. The speaker emphasizes the need for understanding options and the strategy's structure, and explores the concept of convexity in relation to large market events. The importance of lower delta options for hedging is addressed, along with the timing of entering and exiting positions.