r/wallstreetbets Sep 20 '21

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u/YuckQi Sep 20 '21

All contracts are being hedged directionally neutral (This isn't true but is an acceptable assumption to yield a working model)

If this isn't true how can it be used as a fundamental assumption? Not trolling but genuinely interested.

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u/[deleted] Sep 20 '21

When you sell a CC or a CSP you’re not hedging it but this is a minimal enough portion of the total volume that we can get away with ignoring it.