A scan of my portfolio shows many trades that are short volatility/long theta. The trades benefit from little movement and time passing. This works really well – until it doesn’t. Rather than Always selling options, I prefer to have a variety of volatility hedges (VIX, SPX butterflies, etc.). I also […]
Monthly Archives: May 2020
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I don’t actually have a Capital One (Ticker: COF) credit card in my wallet. I do have a debit card, though. I had my first online savings account with ING in the early 00s and Capital One bought them up back in 2011 for $9B. With this week’s trade, I’m […]
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Simply put, betting against Apple is a bad idea. I’m going to recommend it anyway. 10 years ago Apple (Ticker: AAPL) was trading in the 30s. It is currently, as of 5/15/2020 above 300, up over 9 times while the broader market is up less than 3 times. Buying and […]
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In case you missed it, the market has been volatile for the last couple of months. Snap-On (ticker: SNA), a high-end tool maker, has been moving around quite a bit as well as the three month chart shows: While the stock has come up a lot off its lows, it […]
I work full time. I have a wife, two kids, and a mortgage. I have enjoyed investing and trading for many years (decades now that I think about it!), but have always needed to find a way to do it part time. Today, I explore some of the advantages to […]
I’ve taken zero Uber rides since COVID-19 began. How many have you taken? Prior to the crisis, I’ve used the service quite a bit, especially when on business travel. It is convenient and links up nicely with my expense reports. The company loses a lot of money, so while the […]