5 ms·
The fund would not have such a simple construction - but you can build a simple tail risk strategy with options. Buy deeply out of the money puts on SPX and per
by pantaloons 6y ago
The fund would not have such a simple construction - but you can build a simple tail risk strategy with options. Buy deeply out of the money puts on SPX and periodically roll them. You are now betting on a tail risk wiping out the market (although paying a continuous premium to do so).