(02-27-2020, 11:52 AM)vbin Wrote: Closed my s&p put for a sweet profit. One remaining. This might continue Japan extending their spring break due to crona fear and 1 Korean super carrier was in LA Korea Town before she went back and was detected positive. That's scary.Good for you. I've been buying back a covered call here and there the past few days. I'm just about out of hedges but it definitely helped some. I'll be a little more prepared next time. BTW, I promised to lay off the few junk stocks I own. So far so good, no new Ford or oil shares for me lol. That's easier when my good stuff is getting killed too lol.
I had good luck "shorting" DE everytime it ran NOV to JAN. (shorting call spreads actually). NilesMike as my witness, I told him I was ready to short HD last week. I expected him to scold me for shorting quality with a good chart. I read his mind and didn't do it lol. It would have worked out, but not because I was right about earnings. That would have been a deadly mistake in a bull market. I need to pick on stocks with real fleas.