$TCH.HK 20250328 380.00 PUT$ Selling a put as I believe the selling of tencent as a result of its inclusion by the US among companies aiding the US military is overdone. The Chinese government will likely do what it can to support Chinese companies that is aiding it's military if the allegations by the US government is true. To me, the lower price presents a good adding opportunity
$UVXY 20220826 9.0 PUT$I did not expect volatility to drop so fast. Anyway, I am prepared to get assigned as volatility is likely to spike up given the uncertainty in the outlook for interest rate this month
The best way to hedge a position depends on the stocks you currently hold in your portfolio. If most of the stocks in your portfolio are index stocks, it could be more efficient to hedge buy either shorting the index or buying a protective put against the index. The index you choose would depend on whether the stocks in your portfolio are mostly big cap blue chip stocks found in the Dow or S&P, tech stocks which are correlated with Nasdaq or small cap stocks in the Russell 2000 index. Another way is to buy a call option against VIX or one of the vix related ETFs when stocks in your portfolio starts to turn volatile. Volatility increases when market falls and your call option will increase in price. Personally, I use a mix of the different strategies shared above.I do not&nbs
$Apple(AAPL)$is finally turning up again today, although it does not appear likely that it will break it's all time high without additional push from management.
$TENCENT(00700)$ Bought back Tencent after the 410 call option I sold was exercised 2 months ago. Based on technical, a near term bottom may have been formed. Fundamentally, this stock is still undervalued and the recent share buy back at around 400 is a good sign that a bottom could be near.