What Did You Buy Today?

[fenders53]

(02-26-2020, 10:26 AM)vbin Wrote: Sold out 2 s&p puts I had bought as a hedge expiring on June for a profit yesterday. For a while I thought markets will keep flying and these will expiring worthless.

Bought tiny position in apple stock. I got myself out at $170 levels( not a smart decision during 2018 december) and entering again now.

We should chat about that on the conservative option thread sometime, or even the "Correction" thread.  Not something I am inclined to do today, but there are a number of ways to hedge against equities without losing a bunch of money if the market doesn't go quite the way you thought it might. 

I closed out some covered calls this week.  I got about all the hedge I was gong to get out of them and they still had a month to go.  Maybe I can resell them if we get a bounce in a week or two.  I can hope lol.  I have a few covered put sales to roll forward too or I'll be buying some overpriced shares.  I'm still dancing with MO and BP decisions I made last month.