$UVXY 20220826 9.0 PUT$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.
$BABA 20250815 135.0 CALL$ Baba has been volatile lately. Sold a put on 9988 in the HK market just a few weeks ago and it looks like it will expire worthless and now the call in the US market was sold. I am ok if it gets exercise because I am planning to move my Baba holdings to the HK market gradually
$AEM HOLDINGS LTD(AWX.SI)$ 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
$MET.HK 20250929 120.00 PUT$ The intense competition is definitely hurting Meituan but in my view, this large fall may be a good buying opportunity if China transits into a consumption based economy