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The market is up today because there was significant hedging ahead of NVDA’s drop. Once the NVDA event passed without any issues, those hedges were unwound, leading what in the options world called vanna based buying into equites.
Vanna based buying is a new one to me. Thanks
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Posted by steve on 27th of Feb 2025 at 09:23 am
The market is up today because there was significant hedging ahead of NVDA’s drop. Once the NVDA event passed without any issues, those hedges were unwound, leading what in the options world called vanna based buying into equites.
Vanna based buying is a
Posted by srusso1 on 27th of Feb 2025 at 09:27 am
Vanna based buying is a new one to me. Thanks