srhightower

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Markets Allocation
100 % stocks
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SH 100% | 1
srhightower srhightower SH, D, Long ,
SH: SH-Cheap insurance for your portfolio
7 0 0
SH, D Long
SH-Cheap insurance for your portfolio

Today we purchased 2 long Calls at strike 22, expiring Feb 20, 2015 at a limit price of $0.55 ea. Although we expected a year end rally the market demonstrated excessive weakness. In order to hedge our portfolio we entered a position that should profit from further market weakness. Frankly we hope that this hedge fails to materialize which would mean that our ...

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