Bubba’s Equity Portfolios Weekly Update No New Trades 11/2/2024

The cash S&P 500 was down 79.69 for the week. The equity option Model Portfolios had a mixed week with 1A doing very well.

We are short four stocks and long none so our Model says to expect lower prices ahead.

1A +1228
2A- 295
3A -249

*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 11/2/2024

1A – 25K

2A – 18K

3A – 8K