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market_watcher

06/18/03 4:07 PM

#121009 RE: hk2 #121001

If there is already a ton of money on the long side, hence the large number of call contracts, why would they worry that the stock would continue up after they short it? Everybody who wants in on the long side for purposes other than hedging is already there.

From the way it's explained here, delta hedging always involves buying.