On the long side, my portfolio is 100% spread trades right now
(many of them BPT ideas). I have been buying deep in the money
calls (stock replacement with very little premium) and selling in
the money calls so I can enter with some downside protection built
in. Yes, I limit my upside with this approach, but it seems
crazy to put new long money to work with the charts looking the way
they do right now.
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On the long side, my
Remember to take those profits when you can
Posted by jtsurfah on 4th of Mar 2019 at 03:35 pm
On the long side, my portfolio is 100% spread trades right now (many of them BPT ideas). I have been buying deep in the money calls (stock replacement with very little premium) and selling in the money calls so I can enter with some downside protection built in. Yes, I limit my upside with this approach, but it seems crazy to put new long money to work with the charts looking the way they do right now.