Hedged My Bets

I decided to put a light hedge on my portfolio as I am a little scared about the effect the Berkshire addition will have on the rest of the S&P 500. I sold the SPY 107 February Calls naked. If the addition goes off without a hitch I will just take a loss on the position at the end of the day.

2 comments:

Chaos! said...

CBOE equity P/C is .62. Should be in the high 70's. More selling to come.

Tsachy Mishal said...

That went into my decision to get hedged.