What Did You Buy Today?

[fenders53]

(10-28-2020, 12:15 PM)vbin Wrote: Rolled forward 2 RTX puts to bring down cost based by a few points.  I feel it's an over reaction to their earnings call. They don't supply just to commercial airlines. Equity trading at 50% discount from the Feb highs. Good thing about puts they save you in such times by rolling forward.

I works VERY well when the VIX is up.  RTX will be fine eventually but I am am prepared for a two year wait.  I am shocked the market is acting like current commercial air financials are news.  The CEO is very transparent.  Collins and Pratt branch are doing horrible, just as he said six months ago.  Market was just being stupid as most are misinformed IMO.  I sold most of my RTX above $65 after the conference calls.  I've sold puts on every dip since and calls when it bounces.  I have a few RTX puts to roll this week.  I'd be interested in a large position around $50.