I feel this is one of those times when something Marcus Padley said a while back rings true, to the effect of "do you want to be right or do you want to make money?"
Hamish was absolutely right in a scientific sense but the markets have gone the way they have, leaving Magellan's funds well behind. Our market at the index level hasn't really reacted that much to delta news - only a few percent up and down it seems.
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No. | Vol. | Price($) |
---|---|---|
3 | 4695 | $8.53 |
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Price($) | Vol. | No. |
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1 | 3 | 8.590 |
1 | 1200 | 8.580 |
1 | 583 | 8.570 |
1 | 1170 | 8.550 |
Price($) | Vol. | No. |
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8.500 | 440 | 2 |
8.570 | 21 | 1 |
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