@thefrenchmaneth
@themarketear
Sometimes i forget but usually put ht in the comments. This is from gs by the way. Thanks for pointing out will do better
@MenthorQpro
@AlessioUrban
Yes, because their stock values were low, not much of a point in hedging since the underlying loss is not significant enough.
As the market goes up and the valuations are stupid, that's when it makes more sense to hedge.
@MenthorQpro
Could this be because IV is highest right before earnings (not to mention FOMC) and any puts that were going to be bought, were purchased in December or early Jan?
I imagine big players would just naked short equities or futures to hedge bad earnings?
Am I missing something?