Jump to content

Hedges


Recommended Posts

What are you guys doing these days for hedging long risk exposures...?  listening to Druckenmiller, Grantham, etc., kinda scared me.  ok, there's Shiller, with his ECY highlighting equities are relatively attractive (compared to bonds), but that's about the only fundamental metric I know not screamingly suggesting to sell... plus long yields are rising...  still, all recent dips got bought quickly and followed by new ATHs...  and some are talking confidently about (more) liquidity-driven melt-up...

And technically: maybe this week was it with consolidation for now, but I have no idea where global equities might be on Monday. 

So, in the absence of any clue, I reduced exposure before the weekend, but want to keep some long equity positions open  Therefore bought Feb 2840 SPX puts for a bit above 8 - with a roughly 2% global equity drop on Monday they should rise by about 20, reducing my total loss by two thirds or so.

Any better ideas?  There were days when Tbonds would have helped, but with this strong bear-steepening trend those might not work so well anymore or eat too much into the p/l in non-crash scenarios.  Long VIX may also hurt, if call buying slows.  And I don't want to rely on gold - that kinda disappointed last March...

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • It's great to see them expanding their reach and engaging with the crypto community in the Balkans. Networking with other crypto enthusiasts, learning about the latest trends, and potentially meeting the cex's EU COO Apprentice, it's a no-brainer. I'll be spreading the word to my crypto buddies in the region. Can't wait to see what insights and connections will come out of this.
    • MOCA has been killing it since its pre-market launch on this exchange. Can't believe it's already up over 10,000% in less than 2 days. The team's built something special here, and I'm stoked to see where they take it next.
    • Crypto enthusiasts, mark your calendars! Bitget is bringing the future of Web3 to the Balkans with an exciting Community Meetup in Bucuresti Romania on July 18th. Why should you be there? 1. Exclusive Access: Meet Bitget's EU COO Apprentice and gain insider insights into one of the fastest-growing crypto exchanges. 2. Networking Goldmine: Connect with crypto leaders and expand your professional circle in a relaxed, vibrant atmosphere. 3. Cutting-Edge Knowledge: Dive deep into the latest DeFi trends and discover how blockchain is reshaping our daily lives. 4. Swag Alert: Don't miss out on exclusive #BitgetBlue merch! Rock a stylish t-shirt, stay cozy in a hoodie, or carry your tech in a sleek laptop bag. From 19:00 to 21:30, Capital Plaza Hotel,Bulevardul Iancu de Hunedoara 54, București 011745, Romania, will be the epicenter of crypto innovation in the Balkans. Be part of the movement connecting the Builders to the Web3 future! Don't just watch the crypto revolution be part of it. See you in București 011745, Romania!"
×
×
  • Create New...
us