Trade Findings and Adjustments 03-02-2021
Portfolio Review
So let’s go positions and expectations for the next two to four weeks
We have the stimulus effect !!! $1400 and $1200 for children = GDP spending
My collar portfolio I will be looking to raise or start long puts ATM at the first sign of a drop, meaning probably a couple of weeks after the stimulus checks have hit people accounts
Right I am trying to stay in stock position ONLY without protection expecting a bounce higher
For trades, Jan 2022 Leap call stock replacement strategies, I looking for the same bounce but planning on exiting those trade within the next 4 weeks
We primarily collar trade so even when we are wrong we can take advantage of the being wrong=bearish movement in a stock position
BUT for the whole year Tax selling in April to pay taxes combined with summer doldrums combined with business most likely still not being allowed to work at full capacity
Oct worst month in the market history combined with new/higher tax laws.
