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Balancing Portfolio Delta | From Theory to Practice

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Today in the portfolio, we look to balance out our Portfolio Deltas. Specifically, our portfolio bias is a bit more bullish than we would like, so we look at a position directly in SPY to have a 1:1 impact with the portfolio BetaWeighted Delta. While you can certainly adjust portfolio Delta with individual stocks, too, it’s often easier and more efficient to use the indexes themselves.

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