I considered GS puts, but I already have significant exposure to Financials in options, the equity position is meant as a longer term position, it's much more manageable with corrections, etc and the Put position is a 1-time blast, I'm more looking at GS as a longer term trending position, the current GS position (short) in place is at a 3.48% loss or about 4 tenths of a percent of portfolio for risk management purposes.
I'll have charts up, I prefer my puts be more generic in the sector rather than stock specific in most cases, but GS had me on the fence.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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