Options glossary · Hedging and risk

Left-over position

What you cannot trade out of by the close, because crossing the book everywhere is too expensive. You decide whether to carry it, against your limits.

Where it comes up

Part 3 of the course, Market making: quoting, hedging, risk limits and what a desk does with inventory it did not want. See the course →

The full picture

Three and a half hours with the man who traded these

Sven Hubens, ten years an options market maker at Optiver and Maven, adjunct faculty at The Options Institute at Cboe.

  • 3h 32m of video in 58 chapters
  • 128 slides
  • Subtitles in 16 languages
  • A certificate a firm can verify
See the course €59.95 incl. 21% VAT · six months of access
Maven Optiver Cboe
Sven Hubens Hubens Capital

Education, not advice. Amsterdam Investment Club is not licensed by the AFM to give individual investment advice.