instead of fundamentals driving price, the tail (calls) wags the dog (spy)

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Clearly some people still believe there’s decent tail risk with VIX at 16 and ATHs yet again. Not sure if I feel like burning money trying to short

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I mean what’s that mean for us sitting on 10/10’s? I’m sort of a noob so if you can help me figure out roll out or something for better positioning, I’ll tail.

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SPY candle with a .3 tail, V HAS BEEN TRIGGERED

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This. These types of trades are tail risk hedging by the books. It’s a normal hedge strategy for portfolios that need it. Thus the portfolio that is not revealed is in the range of 32500 spy shares. All good nothing fancy or risky here, on the contrary prudent portfolio management.

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Data centers making me big sad Bought in at the tail end of the run. Baghold for months

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I try not to chase girls anymore. I just chase my tail

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Yes, but it is expected to close Q1 27, so you are giving up the interest you would have gained during that time, plus there is the tail risk of the aquiring company going bankrupt in the meantime. Have a look at risk arbitrage/merger arbitrage if you are interested

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What's the best way to hedge the tail risk that the gold bull run is an early indicator of dollar hegemony going away? Deep ITM LEAPs on GLD? How would you size the hedge position? 5% of port size? 10%? (assume a large port that is long on the AI bull run).

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Used to be served with rooster tail feathers

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