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sd-10-EFTA01357462Dept. of Justice

RE: short crude vol strategy - follow-up analysis (Daniel Sabba, February 03, 2015)

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To: jeffrey E.' Cc: Paul Morris; Vahe Stepanian; 'Richard Kahn' Subject: RE: short crude vol strategy - follow-up analysis Classification: Public Jeffrey, Per my previous email, WTI moved down over 8% on Wednesday and up 7% on Tuesday. As discussed at our meeting, this level of high realized volatility is very negative to a short straddle with daily delta hedging strategy. We refreshed the analysis below to include the Tuesday's and Wednesday's moves. We would like to point out this trad

Date
February 3, 2015
Source
Dept. of Justice
Reference
sd-10-EFTA01357462
Pages
1
Persons
0
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