Tuesday, May 14, 2013

Filling Out GS Equity Short Posiiton

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.


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