My last trade of year is selling a long Google call at strike price 125 with a premium of 7.90 to hedge against my existing Google 100 shares of positions . Ifmarkets drop like shit I am hedgeby the premium price of $8 against the drop
If it rises and get excerised I will not mind to sell it at 125 plus 7.90
And get back the cash
If it continues to drop to 60 at least I lose 7.90 lesser . I can sleep abit better [Happy] [Happy] [Happy]
@TigerEvents @TigerStars @TigerEvents do feature me and Huat Google up thanks 🙏
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- BruceBryant·2023-01-03Thanks for sharing the experience. Very useful.3Report
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