What you cannot trade out of by the close, because crossing the book everywhere is too expensive. You decide whether to carry it, against your limits.
Where it comes up
Part 3 of the course, Market making: quoting, hedging, risk limits and what a desk does with inventory it did not want. See the course →
The full picture
3 hours 24 minutes with the man who traded these
Sven Hubens, ten years an options market maker at Optiver and Maven, adjunct faculty at The Options Institute at Cboe.
- 3h 24m of video in 58 chapters
- All 128 slides from the course
- Subtitles in 16 languages
- A certificate a firm can verify
See the course
€59.95 incl. 21% VAT · six months of access
Education, not advice. Sophron® is not licensed by the AFM to give individual investment advice.