Hedge fund Gammon gains 600% with well-timed bets on volatility

Discussion in 'Options' started by ajacobson, Aug 21, 2020.

  1. ajacobson

    ajacobson

    Laurence Fletcher - Financial Times
    Hedge fund Gammon Capital has chalked up a 600 per cent gain so far this year, ranking it as one of the world's best performers, thanks to well-timed bets on volatility during the coronavirus-driven market ructions.
    The New York-based firm, headed by Michael Mescher, a former Barclays trader, correctly wagered on soaring volatility in early March as risky assets slumped. The $25m-in-assets firm also took options positions that rose sharply as markets rebounded in the second half of the month.
    /on.ft.com/2CO2dMp
     
  2. Matt_ORATS

    Matt_ORATS Sponsor

  3. Matt_ORATS

    Matt_ORATS Sponsor

  4. Matt_ORATS likes this.
  5. Matt_ORATS

    Matt_ORATS Sponsor

    Thanks and thanks to Alex for posting.