Bubba’s Equity Portfolios Tuesday Update New Trades 11/12/2024

**New Trades: We will use Friday November 22nd Expiration

Normally we would go flat COIN, however, with today’s rally we are already at max loss. Unless something happens, we will be flat next week. No reason to close a trade at max loss

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 11/9/2024

1A – 25K

2A – 18K

3A – 8K