I don't think CTTE minds the upward factors.
There will be more, and larger, players. Might as well get used to it. At least this one is a net accumulator. ( Of course at first they all are, since they start at zero.)
But yeah, price wants to go to 03.
If you're feeling stress, get away from the market for a while. Come back when it's near you target price. Get a phone app with a price alarm, then ignore it.
I won't complain. I'm extracting about 50bp/diem from the vol, for the past few weeks.
There will be more, and larger, players. Might as well get used to it. At least this one is a net accumulator. ( Of course at first they all are, since they start at zero.)
But yeah, price wants to go to 03.
If you're feeling stress, get away from the market for a while. Come back when it's near you target price. Get a phone app with a price alarm, then ignore it.
I won't complain. I'm extracting about 50bp/diem from the vol, for the past few weeks.