What Did You Buy Today?

[fenders53]

(04-17-2020, 10:55 AM)vbin Wrote:

(04-17-2020, 06:42 AM)divmenow Wrote: Added some GSK yesterday. I think this is one stock to really watch out for on the upside.

Anyone own it?

I own a small position. Trimmed before it all started in May. Missed to add at 30s level. GSK and CAH both are on my radar. O still believe there will be another opportunity. May be this year may be after elections. Oh well, I am still short SPY.

O is very high on my buy list.  I traded it off the low for a nice ride.  I definitely want some long-term.  Unless the GOV gets real efficient in a hurry some rent payments are going to be missed.  We'll see what happens when they report a bad quarter.  

I am also short some SPY but its under 2% of my port and they are long dated and a higher strikes than yours.  I estimate I have about 60 days for the market to dip or I have to consider getting out with about half my money if I'm lucky.    Oh well, hedges aren't free.  It's highly unlikely they end up profitable.  Hard to complain when the long side of the port is on fire. If the hedge worked out my port would be down big. Gotta look at the bright side.