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Buy and Hedge Retirement Update and Peer Performance Review

This week you may notice some adjustments within portfolios as the ZEGA traders look to rebalance a bit by reinvesting some avoided losses. Typically, we have several tranches or expirations on at a time. As those move towards maturity, we roll them forward to a future expiration. The benefit of having these dates spread apart is the ability to monetize hedges via reinvesting avoided losses.

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