Hedging The Most Actively-Traded ETFs
Fellow Slopers,
In this post we’ll look at the costs of hedging the most actively-traded ETFs, but first, a quick update on an old post. A couple of years ago on Slope (“A Nano Cap Bargain“), I mentioned I had purchased a few shares of nano cap mobile phone accessory maker, Wireless Xccessories Group (WIRX). Shares of WIRX were up significantly this week, after the company announced sizeable revenue gains. As I noted in my post a couple of years ago, it’s a thinly-traded OTC stock, with all the risks that implies, so caution is warranted. Now onto the most actively-traded ETFs. (more…)