Bubba’s Equity Portfolios Weekly Update No New Trades 10/26/2024
All of the stock options lost money this week. Weekly results are below.
1A -609
2A- 302
3A -476
*There are no new trades*
Here is the formula we use
For a Long Position
Buy the at the money Call
Sell a Put Spread starting with the at the money Put and using the recommended
distance for the Put Spread
For a short Position
Buy the at the money Put
Sell a Call Spread starting with the at the money Call and using the recommended distance for the Call Spread
ATM = At the Money
Long Put = Short Call Spread
Long Call = Short Put Spread
Remember the Groups are only updated once a week, although we have new trades during the week, changes to the Portfolios are only reflected on Saturday.
New Portfolios 10/26/2024
1A – 25K
2A – 18K
3A – 8K