Hm, I think you’re right. The high(er) risk for shorts is a function of volatility (or, more generally, distribution shape) and not of the price level.
The price level has its consequences but these tend to be beneficial for shorts.
Hm, I think you’re right. The high(er) risk for shorts is a function of volatility (or, more generally, distribution shape) and not of the price level.
The price level has its consequences but these tend to be beneficial for shorts.