A Career in Volatility Prepared RBC's Amy Wu Silverman for This Market.

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    • Abstract:
      (Bloomberg Markets) -- After almost two decades in the options market, Amy Wu Silverman of RBC Capital Markets knows a regime change when she sees one. When a dealer - a market maker or trader - receives an order to buy calls from a customer, [the dealer] usually has to sell calls. A good way to think about this is, if a dealer is short a call option, then the dealer doesn't want the stock to go up, so the dealer buys stock as the hedge. [Extracted from the article]
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