Bubba’s Equity Portfolios Tuesday Update No New Trades 11/5/2024
**New Trades: We will use Friday November 15th Expiration
NONE
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