$UVXY 20220826 9.0 PUT$I did not expect volatility to drop so fast. Anyway, I am prepared to get assigned as volatility is likely to spike up given the uncertainty in the outlook for interest rate this month
The best way to hedge a position depends on the stocks you currently hold in your portfolio. If most of the stocks in your portfolio are index stocks, it could be more efficient to hedge buy either shorting the index or buying a protective put against the index. The index you choose would depend on whether the stocks in your portfolio are mostly big cap blue chip stocks found in the Dow or S&P, tech stocks which are correlated with Nasdaq or small cap stocks in the Russell 2000 index. Another way is to buy a call option against VIX or one of the vix related ETFs when stocks in your portfolio starts to turn volatile. Volatility increases when market falls and your call option will increase in price. Personally, I use a mix of the different strategies shared above.I do not&nbs
$Apple(AAPL)$is finally turning up again today, although it does not appear likely that it will break it's all time high without additional push from management.
$AEM HOLDINGS LTD(AWX.SI)$ resistance at 4.72 was tested last Friday and withe sharp US market fall, it may try to close the gap between 4.40 and 4.50 this week
$Unity Software Inc.(U)$Growth stocks are continuing their down trend. Could be a golden opportunity for those who have the guts o pick the winners of the next decade.
$STAMFORD TYRES CORPORATIONLTD(S29.SI)$This is my sharing with the nber 8. Stamford tyres looks undervalued and it may reward those who has the patience to hold on.
$REX INTERNATIONAL HOLDING LTD(5WH.SI)$oil price has been volatile but for those who believes that the demand for oil will continue to stay high, this may be a stock to consider
If Warren Buffett is an investor in Tesla, it means that Tesla has become a value cum growth stock. For this to happen, Tesla has to demonstrate that it's future earnings are predictable and growing, and of course its earnings has to catch up with its share price, so that it can be a value stock. This may still have a long way to go.