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Re: NewJerichoMan post# 12895

Friday, 05/26/2023 9:50:26 AM

Friday, May 26, 2023 9:50:26 AM

Post# of 12924
I lose a lot of time value if I buy put options.
I don't lose any time value with turbos. I even get paid some interest when I'm short.

Only problem is if I hit the stop-loss.
For NVDA and MSFT it's 20% away (leverage is only 5x)
But for AAPL the stop-loss is $178.4
And the Nasdaq is on a tear.
II may not have enough cash to repurchase all my AAPL turbos. In which case I may have to add like 20 put options.

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