My back of the envelope was anything over 47.5 ish it was worth SXY's while to not use the hedge.
I think I need to look at it properly when I get time on the weekend...unless someone else has done it?
With the hedge, is it an everything or nothing, or can they pull the pin on any proportion they want?
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My back of the envelope was anything over 47.5 ish it was worth...
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