Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I am long put options on seven different underlying instruments. I have placed the specific option I am long in the caption area of each of these images. As usual, I have zoomed in the most recent portion that is relevant, and my stop-loss on the underlying is marked with a red horizontal.
I choose my options positions carefully. I tend to buy puts against stocks that are nominally high-priced, have decent bid/ask spreads on the options, and have clear resistance levels. Therefore, on top of my existing five positions (COST, CVNA, FXI, LEN, SMH) I have bought January in-the-money puts on CAT and UNH:
Since today is kind of a crap day for me (AKA the SMH is up 3.35%, which is dragging everything else up by multiples of that amount), I’ll just share the five underlying equities in my options portfolio. To be clear, every one of these options expires next year (HUGE amount of time left) and are in the money.
I came this close – – THIS CLOSE – – to dumping my COST puts today, but I didn’t do so. Thank goodness, because after hours……………
Below are my options holdings. They share a number of things in common:
