+7.55% vs -1.81%(S&P 500) Thanks to options YTD so far

Discussion in 'Options' started by noob_trad3r, Feb 17, 2010.

  1. So far so good and less volatility in my portfolio compared to S&P500. Kind of like a poor mans hedge fund.

    More folks should stop putting money into these mutual funds and hedge funds and just do SPY and a few blue chips plus options instead for hedging.
  2. If everybody does that, everybody can then "beat" the benchmark. :cool:
  3. You were using puts to protect your portfolio? Not a lot of people I know do that - it sounds like a good idea, but it eats at your profit, too. How much protection did you buy?