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.
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.
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