Not Waiting

While the market has room to get more overbought through tomorrow and seasonality is still positive I have decided to hedge my portfolio.  I bought August SPY Puts to offset my long positions.

1 comment:

In The Nick Of Time said...

[...] of the day tomorrow. When I saw the voracious call buying I decided it was time to get out of Dodge. I hedged my long exposure by buying SPY Puts just in the nick of time. I plan on remaining hedged at least until the market [...]