There’s a lot of text, a lot of maths and it implies a good understanding of options and all the greeks (one of those greeks is delta). I think people will see it and just nope out. I was impressed with James’s explanation on what can be such a complex topic. The point is, it is normal and standard practice for institutional traders and investment banks to delta hedge.
If people put the same effort into their crayon drawings as they did with concepts like this / options strategies, there would be so many weapons here.
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