My hedge puts are usually about 60 days out and I roll 'em out before 30 days out.
Vol is very high but on any major rallies, I look to try to roll 'em and pay through the nose. Am I just flushing money down the toilet, most likely YES. But I'm happier hedged than being sorry and gettin' zero'd out on a black swan event.
1st place I ever lived on my own was near the freedom trail. I sometimes go by symphony/northeastern. It's quite an student area with cheap eats, good concert halls and a big indoor shopping mall.
Vol is very high but on any major rallies, I look to try to roll 'em and pay through the nose. Am I just flushing money down the toilet, most likely YES. But I'm happier hedged than being sorry and gettin' zero'd out on a black swan event.
1st place I ever lived on my own was near the freedom trail. I sometimes go by symphony/northeastern. It's quite an student area with cheap eats, good concert halls and a big indoor shopping mall.
Was there last week Wed-Sun for the northeastern "parent weekend". Had fun walking the freedom trail and my son was checking out colleges as well.
How far out are your hedge puts? I'd assume they're not easy to roll right now with vol being almost 30 and the market not moving much.
). Monday the account closed at -99051, today at -80543. Risk is half of what I usually trade but it definitely helps with the draw down stress