Great question and same boat how best to execute. I'd like some guidance on this one as well. Sitting on a pile of the SPSX 1/15 6cMcInnis 03 said:
Serious question:
Is there a good method to "resetting" your hedges? If you're buying longer term options as hedges, ie: spy puts, is there a rule of thumb as to when you cut bait and start that timer over again? I haven't quite got the hang of hedging right yet.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11