it’s not wrong...https://twitter.com/macrocephalopod/status/1359154681679917061 …
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Should retail hedge delta
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No damnit I want to know if I should hedge delta!!!
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Dunno about you specifically but for most retail, an option is a linear exposure they might understand, and a collection of nonlinear stuff that they definitely don’t. If they hedge the delta they are left only with the stuff they don’t understand. So probably best not to :)
End of conversation
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