Short Volatility
topic on 1 show · 1 statements across 1 episodes
2 statements about Short Volatility, every show
Peters: One River Only Holds Long-Volatility Positions
“We have a very purist approach, and when I'm purist, I mean, we only ever are long-fall. We never are short-fall, and the reason for that is over my career, which is now 35 years, at every cycle, I have seen people who have convinced themselves they're long-fa…”
Selvala: Catastrophic losses happen when shorting volatility without guardrails
“So, I think where people really get hurt is when A, they're short, Val and B they don't have guardrails in place. And the simplest way to think about a guardrail is, is, is if you sell options to sell spreads or if you sell an option to own the underlying.”