7 Comments
Apr 7, 2023Liked by Portfolio Armor

what ever happened to the BOIL play?

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I’m still holding calls on it, with expirations in September and December.

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Hi, any idea if they will come back as both are down about 75% & 50%. Your others are doing swell!

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That depends on how natural gas does before the options expire. There are factors that should drive natural gas prices higher (e.g., a hot summer requiring a lot of air conditioning, more U.S. LNG going to Europe to make up for lost Russian gas), but we'll see. I'm still optimistic.

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I am not able to buy every one in the core strategy; i did buy most 2 weeks or so ago and most did go up, & i still have a couple, though if just pick the ones i can afford I am manging Them with trailing stops. Is there somewhere i can get educated on buying the "optimal" puts on the index ETFs? Thanks

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Optimal just means least expensive, relative to the level of protection you want. E.g., let's say you are okay with a 20% decline and want to protect against one larger than that. The Portfolio Armor app and website will scan for the least expensive put to protect against a >20% decline for you.

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Apr 7, 2023Liked by Portfolio Armor

Thanks, i did purchase it, so i'll play with it and come back with any quesitons, thank you!

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