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Al_Dente wrote:Hedging, medium term:
"... prepare for economic storms on the horizon..."
"...I own long [SPY] puts at several strike prices around $300, March and later for the expiration, just in case something nutty is about to happen. I have paid about 2% of my portfolio value as insurance so I can sleep at night. Overall, if the stock market declines greater than 10% in the first half of 2020, the added insurance will kick-in and keep my portfolio’s total value rising."
"Disclosure: I am ... short SPY, TQQQ, SBUX, COST, PG, NKE, AMT, COF, T "
https://seekingalpha.com/article/431831 ... t-downturn
ThanksJFR wrote:Great article, Pasta Boss. Thank you.Al_Dente wrote:Hedging, medium term:.....
"Disclosure: I am ... short SPY, TQQQ, SBUX, COST, PG, NKE, AMT, COF, T "
https://seekingalpha.com/article/431831 ... t-downturn
Back later ...
Agreed. How to protect is the question. He has some good ideas. The biggest and best idea he has is to be cynical about how high the market is at present. Personally I do not buy options. I sell them on occasion.Al_Dente wrote:ThanksJFR wrote:Great article, Pasta Boss. Thank you.Al_Dente wrote:Hedging, medium term:.....
"Disclosure: I am ... short SPY, TQQQ, SBUX, COST, PG, NKE, AMT, COF, T "
https://seekingalpha.com/article/431831 ... t-downturn
Back later ...
You can poke holes through the whole article. Eg: he’s short the leveraged tech ETF (TQQQ) which has almost doubled since the October low. He’d be squeezed to death if Tech continues up another month or more. That’s too much risk. Better to buy QQQ puts ??
etc.