Sunday, February 24, 2019

Weekly: Same story, same result

It is more of the same, as the stock market has its ninth straight up week. I make decent gains, right around 2%. I grow increasingly nervous, and fight the urge to raise cash. I play Walmart on the post earnings breakout. WMT flops, but I come out okay because I am way out of the money on sold puts.

So going forward, same old same old: rebalance back towards near delta neutral on most underlyings, sell premium way out of the money. Be ready to adjust and/or take losses as needed.

No comments: