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So I have these brilliant plays on in Inverse opt

Posted on July 01, 2008

So I have these brilliant plays on in Inverse options that involve selling some premium and managing the positions. Hard to describe because I often have 3-6 positions in sectors that kind of cross-hedge each other in terms of delta and volatility risk.For the most part I'm happy with it. By most part though, I mean everything but SKF . Yowza. Between the open and 10:15 today, this pup had lifted 4.5 points off the close, dropped 7.5 points from there, then rallied back to basically unch. It's enough to turn Dick Bove's hair gray.OK, grayer.Does it make sense to just go long gamma here and...

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flip , markets , options , volatility