### Comment:
Written earlier today: I'm not confident that 1% of their portfolio, with a March expiration, is exclusively a hedge. Obv I dont know what the fuck i'm talking about, but that seems excessive. Go further out, lower the strikes, and sell them back when vol spikes with a drop before March. Less capital. But again, I know fuck all and he's ray fucking dalio.

### REPLY:
Nevermind. The man himself just cleared the air.

### END.