Lysglimt
19-03-2009, 13:36
I have recommended put options in Swedbank.
Today Swedbank is up 7%, and my puts are being hammered down to 80 øre.
Never fun to lose money.
Fortunately cash positions in NOK and SEK are doing very well.
This Swedbank put recommendation could go to zero, as I have also warned.
I also warned to stay below 1% of your portfolio on this.
The options expire April 17.
So now this is really a game to see if the bear market rally can last.
For sure there will be bear days before that, if you want to be careful you sell on that day. Or you wait, like me, for the 50% gain I have set as a target.
Today Swedbank is up 7%, and my puts are being hammered down to 80 øre.
Never fun to lose money.
Fortunately cash positions in NOK and SEK are doing very well.
This Swedbank put recommendation could go to zero, as I have also warned.
I also warned to stay below 1% of your portfolio on this.
The options expire April 17.
So now this is really a game to see if the bear market rally can last.
For sure there will be bear days before that, if you want to be careful you sell on that day. Or you wait, like me, for the 50% gain I have set as a target.