Thursday, September 20, 2012

Establishing some Insurance in QQQ

With the stock market up and volatility still relatively low, CCI wanted to establish a little hedge/insurance against a market pull back.  Specifically CCI bought the Oct $71 puts and sold the Oct $69 puts in the Nasdaq100 ETF (QQQ).

Read this article for the general rationale and specific probabilities of this hedging trade.

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