… I am selling down my positions from 60% to 30% long exposure.
All the best and best regards.
Andreas
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Hi @andreas, thanks for sharing this! I am quite new at using the GEX to add/reduce positions (and I have been through the explanations on the hedging of the delta-dollars and second-order sensitivity :)). Still, I'm trying to understand how it impacts the liquidity vs the liquidity drainers (USO, UUP & TNX--X).
Today, for instance, liquidity drainers look ok - only USO is showing relative strength & trend, UUP & TNX--X are weak). Can you maybe elaborate a bit more on how they correlate on liquidity ? Thanks