The hedge is the one step you place yourself
Three operations do nothing on purpose. They are instructions for a person, carried in the plan so a hedge sits in the right order beside what it protects.
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3 posts
The skew matters more than the hedge decision
One assumed parameter moves a hedging result by more than the gap between hedging and not hedging. We measured it instead, and it is not one number.
ReadWhat protecting $10,000 of ETH for a year actually costs
Hedging is asked for more than almost anything. Priced at every strike, spend and tenor, it lost in every single configuration tested.
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