Bought more shares – now holding 560 total
Placed a stop-loss at 10.65 on the first 310 shares (average price 10.54)
Remaining shares are protected by long-dated LEAPS puts
No stop needed on those, as they are insured against major drops
How It Works:
If price falls, I secure a gain on the initial position via the stop-loss.
Then I let the rest ride, knowing the LEAPS puts cover the downside.
In case of a crash, I exit with profits from the puts and potentially re-enter lower.
If price goes up, I stay in, collect dividends, and benefit from price appreciation.
Core Philosophy:
This is position structuring, not stock picking.
Tight risk on the front-end, unlimited time on the back-end.
Currently: 310 shares with stop at 10.65, 250 shares protected by puts
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.