Where I'm at with my investments;
Sold out of all stocks in the last few weeks, including TSLA
I had done some option trades; (last week of Feb.) Bought a few VNQ puts (a REIT ETF) to hedge my remaining REIT mutual fund holding, which I sold out of Tuesday. Also bought some hotel puts, MAR (Marriot Hotels) and oil stock puts APA (Apache)
I did buy some more VNQ OTM puts (but these are purely speculative.)
Right now monitoring TSLA OTM LEAPS. (sell Puts and buy calls)
To be honest I'm not that sophisticated with options, and too lazy to keep constant monitoring, so that is why I like LEAPS
I am not buying on dips, still in a wait and see mode.
There are many strong companies out there including Tesla, who will come through this stronger than before.
If the companies I'm watching go up 100% before I buy them, I have no problem with that.
The reason I'm not buying anything yet is because the US is about 4 days behind Italy when they went into full lockdown, and being inundated at the hospitals.
The UK and Germany are also unknown's for me right now.
I'm waiting until next week.
Call me melodramatic if you like but I will say this again;
The US is about 4 days behind Italy when they went into full lockdown, and being inundated at the hospitals.