I keep it simple…Puts at 165 on 4/5, Puts at 165 on 4/26, Puts at 160 on 4/26, Puts at 155 on 4/26, Puts at 150 on 5/24. Sort of a hedge against all of my shares. And, I have a decent amount of cash available to buy, if we get into the 150’s and 140’s over the next few months. The funny thing is, even if I buy at these 150 and 140 prices, my DCA will actually go up. I have been mostly holding since 2013. And I really did not take advantage of the drop during the late 2022 disaster…only a few shares bought on the way down. I kept thinking, it has got to stop soon, well, as we all know, it did not stop till the low 100’s. Lesson learned!
I did what you did with your post a few posts ago and sold a few thousand of my shares between 220 and 180 (in an IRA, so no taxes owed), not because I was watching TA, I just had a gut feeling we were going to keep going lower based on what I was watching in China and the real estate debacle…and we did.
Good Luck to everyone during these very volatile times!!
