DCs are more directional than range - ideal ICs, yet wonder if you've developed criteria of conditions, and b) for DCs TPS «s approach is to pick strikes closest to the market, which almost ensures the need for adjustments, particularly with recent
huge market fluctuations.
That's according to Goldman Sachs, which also notes that the options
market isn't adequately priced for the stock
fluctuations that are likely to come, despite the
huge number of earnings preannouncements made during the first month of the year.