Selling EWH @ $21.91
Realized gain of $0.22 (1.01%)
I put this one on over the weekend and told you it wouldn't last long. Today I got a shot to take it off at a decent 2-day gain. Annualize 1% gains on 5% positions over 2 days and you're up 5% on your portfolio over a year. Not too shabby using just 5% of your capital!
But really, it was a risk-management trade that managed the risk. I'm ready to own the bet of markets seeing weakness in the coming days. No need to hedge right now.
Realized gain of $0.22 (1.01%)
I put this one on over the weekend and told you it wouldn't last long. Today I got a shot to take it off at a decent 2-day gain. Annualize 1% gains on 5% positions over 2 days and you're up 5% on your portfolio over a year. Not too shabby using just 5% of your capital!
But really, it was a risk-management trade that managed the risk. I'm ready to own the bet of markets seeing weakness in the coming days. No need to hedge right now.
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