Hi, thanks for this great post. Could you elaborate as to why to hedge you would buy the underlying + put rather than just buy ATM calls (same exposure but less friction/trading costs)?
Hi, thanks for this great post. Could you elaborate as to why to hedge you would buy the underlying + put rather than just buy ATM calls (same exposure but less friction/trading costs)?
Hi, thanks for this great post. Could you elaborate as to why to hedge you would buy the underlying + put rather than just buy ATM calls (same exposure but less friction/trading costs)?
Hi, thanks for this great post. Could you elaborate as to why to hedge you would buy the underlying + put rather than just buy ATM calls (same exposure but less friction/trading costs)?