SPY QQQ DIA all reach record highs, taking me
along with them. My recent tactic of buying calls to offset other
options has worked fairly well. I was able to ride the elevator up,
without taking on the huge downside that comes with selling bundles
of out of the money puts. The latter is how I used to offset the
delta.
To be sure, some stocks ran too hot, and I had to roll or buy more calls. Overall, another nice up week, up nearly 2%. I still have some reserves allocated to BSV. They will stay there for now. Again, TINA is the bulls best friend. There is no alternative, with bonds also high, CD rates coming down, foreign markets underperforming.
To be sure, some stocks ran too hot, and I had to roll or buy more calls. Overall, another nice up week, up nearly 2%. I still have some reserves allocated to BSV. They will stay there for now. Again, TINA is the bulls best friend. There is no alternative, with bonds also high, CD rates coming down, foreign markets underperforming.
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