Hedge Alert for QQQ.
Our system has signaled the need to adjust our hedge, and for our model portfolio sizing, the hedging trade we are utilizing is:
Sell To Close 4.00 QQQ JAN 2019 $156.00 Puts
Buy To Open 5 QQQ JAN 2019 $162.00 Puts
Mid-market at the time of publication is for a debit of $2.03, with leg prices of $2.18 for the $156 puts and $3.37 for the $162 puts.
If you are interested in hedging your portfolio, please reach out to your investment advisor to determine the appropriate size and implementation of a hedge as each portfolio will have different risks depending on market Beta.
For more information on how we calculate our hedging protocol at Option Hotline, see https://optionhotline.com/portfolio-hedging-course/
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