Diary of a Financier

From the Trading Desk: Weekly Update

In Trading Desk on Fri 18 Feb 2011 at 17:25
  • Open: PHG
  • Close: nil

Bought PHG @ $32 per my entry on 1/24/11.  Other than that, no changes. 

We’re probably taking some more exposure in equity single names next week.  I’m working frantically to find two or three names that are the cream of the crop, because I have a large watch list building.  In addition, we’re talking about a smart way to hedge some tail risk–whether VIX calls, SPY puts, etc.  Protection is getting pretty cheap.

I’ll post some updates after the long weekend.


View Trading Desk

  1. […] right now, and we’re not going to jump headlong into a long vol trade.  But, per my note on Friday, I spent some time reviewing different vehicles to hedge tail risk and/or go long vol.  […]


Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s