When the new year began, I decided to shift my style to focus almost entirely on relatively short-dated put options. In other words, instead of buying puts on individual stocks that were half a year in the future, I’d instead dabble in the likes of IWM, XLU, SPY, and so forth with options that were maybe 6 to 8 weeks out.
I’m making an exception this morning and going back to my old ways by acquiring June in-the-money puts on these items, based on their clean patterns and the fact that their relatively calm action lately (unlike, say, SMH and SMCI) provide a reasonable price.
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