Reddit Posts
TSM - I was right, kind of, and i think there's still more value here.
2022-11-07 Wrinkle-brain Plays (Mathematically derived options plays)
2022-11-01 Wrinkle-brain Plays (Mathematically derived options plays)
Chart-traders weekend update for investors who want to know where markets are headed (purely TA based)
Chart-traders weekend update for swing traders and investors who like to know where markets are headed (totally TA based)
Chart-traders weekend update for major indices (totally TA based)
Making a short/medium term bull case based on technical analysis!
EOW portolio update (8-13): Small portfolio up 39.9% and big portfolio up 36.8% since beginning of the year.
Mentions
Likewise if you want to increase your EU portion of the non-US 30% you can add shares of the equivalent of FEZ or something similar. It just takes some math to get your percentages how you want them.
Compare the stock performance of Euro companies in an indstry to a US companies in the same industry for a better picture. Overall Europe hasn't performed as well as US companies because there are no AAPL/MSFT/NVDA equivalents. ASML is up 275% the past five years. If there were more European companies like ASML, the five year gap between FEZ and SPY wouldn't be as much as it is is.
>EURO Stoxx 50 ok. that's good to know. i looked it up: The two most popular Euro Stoxx 50 ETFs are the SPDR Euro Stoxx 50 ETF (NYSE: FEZ) and the iShares Euro Stoxx 50 ETF (EUE). Other popular ways to gain exposure to major European stocks include: The Vanguard MSCI Europe ETF (VGK) The iShares S&P Europe 350 Index (IEV) The iShares MSCI EMU Index (EZU)
I own real estate. I have cash in 5%+ accounts. My stocks are just a part of diversified holdings. The S&P500 ETFs are a fine thing to hold, but tech drives the growth of all broad market ETFs. There is no reason for me to hold stocks that underperform. In other environments VOO might be a significant holding for me. I've had it in the past. Likewise within the past year I've had FEZ, KWEB, EWZ... FTSE Europe, China, Brazil, and Japanese ETFs, but they are performing lamely now. Avoid things like VT that is every bad stock in the world and always weighted toward financials regardless of the current environment. If SWTSX is the equivalent of VTI, then yes a mix of SWTSX and XLK would be an excellent portfolio to start with. You get the broad market and then are heavier on what is producing now, tech. Last spring having VTI with energy ETFs like XES or XLE would have been a good way to go. Again, make yourself some paper portfolios with different mixes and reevaluate over time. Don't be in a hurry to be perfect right now. 50/50 with SWTSX/XLK would be a good place to start. Since you are a curious person, over time you might want something more like 45/45/10, with the ten being a variety of things that you try short term.
There is no reason you "should" invest in the EU or anything else. You should look around and use your judgement to evaluate what choices make sense now, in these times, for good reasons. I don't know the equivalent ETF names that you could choose, but some non-US investments are doing well this year, notably GREK (Greece) and EWZ (Brazil). EWJ (Japan) is showing promising life. FEZ (Euro 50) was good earlier this year but has mostly pooped out. GREK and EWZ have done twice as good than the S&P500 ytd; FZ slightly better and EWJ slightly worse. Use the S&P500 as your guide. If something has been doing worse and there is no compelling reason for it to improve soon, don't get it. If something has been doing better than the S&P500, and there is no compelling reason for it to stop doing so soon, then consider putting some money in those things. Unless you hate money, do not just put money in random "international" funds. Make any stock or fund you invest in earn your support by being a peer of our outperforming the S&P500.
What you want to own is your own preference, but VOO certainly is a good choice, and ytd is outperforming the others you mention, except VUG. International is a mixed bag currently. Some country-specific ETF have been doing well like GREK, and EWJ (Japan) has life after a long slumber. FEZ and IMFL were okay earlier thus year but are flatlining now. Geerally I'd suggest you get VOO and then decide to add anything else because _you_ want to, no because anyone else says you should.
[You can fiddle with this](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2000&firstMonth=1&endYear=2023&lastMonth=5&calendarAligned=true&includeYTD=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=0&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=true&showFactors=true&factorModel=3&benchmark=VFINX&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=XLC&allocation1_1=14.32&symbol2=XLV&allocation2_1=14.28&symbol3=XLI&allocation3_1=14.28&symbol4=ITB&allocation4_1=14.28&symbol5=FEZ&allocation5_1=14.28&symbol6=VOOV&allocation6_1=14.28&symbol7=VOOG&allocation7_1=14.28&symbol8=VOO&allocation8_2=100) and see just how close you are to VOO. Your sharpe and sortino ratios are worse than VOO. This does not account for fees, which are worse than VOO. Anyone arguing that the S&P 500 does not provide adequate diversification for the lay investor should be ignored. If you're running a hedge fund then that answer is different, but this is /r/investing, we're not doing that here. Personally, my entire 401k is in the S&P 500 and my IRA is in some very different stuff that I play around with and usually don't clear a lot of money on. It scratches the itch to play with stocks but not in financially detrimental way.
When you do, consider the immense logical flaw involved when anything talks about non-US investment in the 20th century. Soviet communism, Iron Curtain economies like East Germany, China before they established their stock exchanges, the Japanese market's complete collapse in 1990 and afterwards... basically international economies have always been far behind the USA, but for some periods you can compare favorably compare western European/Canadian/Japanese markets to the USA, but that is a fool comparison because today broad international stocks do include all sorts of crap that weren't included before. 1980s East German automobile market was not more profitable than the US market was. You are right, broad non-US investment has been terrible this century. A sensible person should avoid it like the plague. That doesn't mean though that _some_ international investment can't be good. For example, FEZ (50 biggest companies in the Euro zone) did quite well earlier this year. IMFL is a broad factor international ETF that is pretty new but its sister OMFL has a longer US history. Several country-specific ETFs have done great this year, like GREK (Greece) and EWW (Mexico). EWZ (Brazil) has great potential and is up 20% ytd. ETC. Yes, avoid de-worsifying your portfolio with thousands of garbage international stocks, but do look around for good opportunities wherever they are globally.
FEZ, EZU. EPOL, EWW, maybe GRK.
There is no "best". "Easiest" would be to buy an ETF that holds foreign companies. Simple examples: FEZ covers the top 50 companies in the Eurozone. EWW is 50 Mexican companies. EWQ is French companies. VT is thousands of non-US companies. While FXI is general China ETF, something like KWEB is the largest Chinese media companies. Etc... tons of these. You can also trade ADRs: "The stocks of most foreign companies that trade in the U.S. markets are traded as American Depositary Receipts (ADRs). U.S. depositary banks issue these stocks. Each ADR represents one or more shares of foreign stock or a fraction of a share." For example the Australian lithium company Pilbara that trades under PLS on the Australian exchange can be purchased in the US (though not on Robinhood) under the PILBF symbol.
It's performance has been poor since its inception, pitiful the past turbulent years, and is a loser ytd while VOO is doing 10% better. It's heavily weighted to financials and oil, which would have made it more of a buy a year ago, but not now. I use VOO as a benchmark. If something hasn't done better than VOO, or have clear reasons to do better going forward, I wouldn't consider it. I don't know the UK equivalents you have, but besides VOO for the US, if you want international exposure consider FEZ, IMFL, EZU or VGK. VGK is a Vanguard product.
> is Schwab's superior International Fund performance enough to move assets over to Schwab funds? Are you unable to buy any other ETFs or mutual funds where you are at? What's stopping you from buying FEZ, VT, EEM or any of dozens of other things where you are?
If you arent shorting Europe Financial sector or market index, you are nuts if you think this doesnt effect the entire world $FEZ $EPV $EUFN $VGK
>Try this: > > > > > >SPX trade taken on 02/27/2023 based on what it will not do based on it’s own historical data. > >Sold a 2500/2000 PUT spread for 04/21/23 expiry > >Quantity: 100 PUTs > >Premium: $700 > >Portfolio Margin: $10,400 > >“No lose since inception” strike is 2480 > >Most, if not all, stock market analysts attempt to predict what a stock or the stock market will do in the future. They use fundamental analysis, technical analysis, and experience to predict the direction and potential levels to be reached before a potential turning point. We, on the other hand, analyze what a stock, bond, ETF, or index is unlikely to do in the future based upon its own historical data. Unlike RSI, Bollinger Bands, or other technical indicators that provide similar information, our measure uses the entire stock/ETF/index trading history to determine what the stock/ETF/index is unlikely to do. > >So what is it ?? > >We have developed a machine learning system that measures a symbols' percentage price change versus time for multiple time periods and compares the symbols recent price behavior to its own past to determine if the current behavior is anomalous. Think of this as a measure of momentum run amok for the symbol. Our experience has shown that there are two levels of anomalous stock/ETF/index behavior that are of interest: (1) When the stock/ETF/index current performance is outside of 99% of all prior instances (this is called a Level 1 overbought or oversold condition) and, (2) When the stock/ETF/index current performance is outside the bounds of all of its prior history (this is called a Level 2 overbought or oversold condition). > >We currently screen 600 stock/ETF/index symbols every day - with more being added each week. These symbols are all traded US stock market exchanges during normal US trading hours. Figure 1, below, shows a subset of symbols screened for February 27, 2023 > >Figure 1. February 27, 2023 Stock Screener Subset > >In the first column of Figure 1, we have sets of 3 rows that have Level 1, Level 2, and Data Since labels. The Data Since rows describe the start date for each symbol associated with the date. For instance, SPX has 1/2/1962 which means that the machine learning system contains SPX data since January 2, 1962 for the computations of SPX (S&P 500). Likewise, the symbol INDY has data since November 23, 2009 for its computations, etc. Next are the rows for Level 1 and Level 2. Let's look at Level 1 first. In the rows for Level 1, a number greater than or equal to 1 indicates that on a price change % versus time basis, the symbol is overbought because it moved farther to the upside and faster than 99% of all other equivalent time periods in its history. These cells are highlighted light blue in the screener data. In the rows for Level 1, a number less or equal to zero indicates that on a price change % versus time basis, the symbol is oversold because it moved farther to the downside and faster than 99% of all other equivalent time periods in its history. These cells are highlighted light red in the screener data file. Level 2 is similar to Level 1 except that instead of 99% of the history, it is 100% of the history implying the stock/ETF/index has never moved that far that fast for any equivalent period of time in the data set. Yellow highlighted cells simply highlight symbols that are near overbought or oversold on a Level 1 or Level 2 basis. > >In Figure 1, we can see that, AGG, SHOP and BAX screened as Level 1 oversold and SLV, FEZ, MMM and BA as almost Level 1 oversold. However, in this article, we are focusing on SPX (S&P 500 Index ) as it is neither overbought or oversold. > >Figure 2, below, shows a chart of the SPX price action over the last six months. > >https://i.redd.it/r43wymmw1wka1.png > >So how can we use this information?? > >The machine learning system that determines the overbought/oversold condition also provides threshold levels that correspond to what the symbol is unlikely to do in the FUTURE based upon where it is trading now. Table 1, below, shows various levels and limits with different probabilities of occurrence for SPX for a subset of future dates. > >Table 1. SPX Upper and Lower Closing Limits through March 21st, 2023 > >In Table 1, above, we show five (5) columns corresponding to "No loss since 1962", "Once Every 30 Years", "Once Every 10 Years", “Once Every 5 Years”, and "1% Raw Data". Under each column header are sub-headers titled "Lower Limit" and "Upper Limit". Under each of these sub-headers are prices that reflect what SPX is unlikely to close below or above for varying probabilities defined the column header. For instance, in the row corresponding to the 03/03/2023 date, we see a lower limit of 2885 and upper limit of 4710 under the No loss since 1962 column header. This implies that SPX closing below 2885 or above 4710 on Friday, March 03, 2023 would be historical (something that's never happened before) on a percentage price change versus time basis. Likewise, for the 03/21/2023 date, we see a lower limit of 3020 and upper limit of 4640 under the Once Every 5 Years header. This implies that closing below 3020 or above 4640 on Tuesday, March 21st, 2023 would be expected to happen once every 5 years. Given that there are approximately 252 trading days every year, once every 5 years corresponds to a likelihood of 1 in 1260 or 0.079%. Finally, in the 1% Raw Data column, the prices reflect a 1% probability of closing below the indicated future lower limit prices or above the indicated future upper limit prices on the corresponding date based upon the entire history of SPX- including what it's done recently. > >So who could benefit from this data?? > >• Options Traders. The primary beneficiaries of this type of information are options traders. By providing closing price levels for a symbol for a given future date, an option trader can write option positions with a known probability of success for both Put and Call options. > >• Long/short strategies. Knowing when a stock/ETF/index has moved too far, too fast is an important input in a buying/selling/shorting decision. This screening decision is done automatically by the machine learning computers on a daily basis. The only thing the computer doesn't do is push the buy or sell button for you. > >• Elliott Wave Practitioners. Elliott Wave analysis can be a powerful tool for analyzing the likely path a stock/ETF/index may take higher or lower. However, there are times when multiple paths may present themselves with near equal probability using Elliott Wave analysis alone. However, many times, one or more possible paths would require the stock/ETF/index to move in a manner that would be unlikely to happen based upon the machine learning analysis. > >• Fundamentalists. All traders have two decisions to make: When to buy and when to sell or vice versa. A fundamental trader chooses to screen companies based upon fundamental analysis and makes buying decisions based upon this decision. However, when does the fundamental trader choose to sell, buy more, etc. The stock screening method explained in this paper can be a useful tool in helping make those decisions with exact price levels.
Shorting the Europoor stock index via FEZ. ECB is not fucking around about rate hikes
This is an abysmal return. You should sell your FEZ calls and invest elsewhere. ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
I’ve seen some people open credit spreads on FEZ for February expiration, thoughts?
S&P 500 $SPY price change last 6 months: +2.5%. Euro STOXX 50 $FEZ price change last 6 months: +26.8%.
I was wondering why there was large orders on FEZ
# Tickers of Interest - TL;DR **Gamma Max Cross** * [UAL](https://options.hardyrekshin.com/#UAL) 12/16 42P for $2.25 or less * [SLB](https://options.hardyrekshin.com/#SLB) 12/16 52.5P for $2.65 or less * [TELL](https://options.hardyrekshin.com/#TELL) 12/16 2.5P for $0.15 or less * [GE](https://options.hardyrekshin.com/#GE) 12/16 80P for $2.95 or less * [RF](https://options.hardyrekshin.com/#RF) 12/16 22P for $0.55 or less **Delta Neutral Cross** * [GDX](https://options.hardyrekshin.com/#GDX) 12/16 25P for $1.35 or less * [DIA](https://options.hardyrekshin.com/#DIA) 12/16 325C for $8.55 or less * [V](https://options.hardyrekshin.com/#V) 12/16 200C for $6.30 or less * [XLP](https://options.hardyrekshin.com/#XLP) 12/16 72C for $1.70 or less * [FEZ](https://options.hardyrekshin.com/#FEZ) 12/16 36C for $0.80 or less # Trading Thesis - Why These Crayons Taste Better Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not. * Where are the crayons? I only see words. * Click the links above. * Have you back-tested this? * Yes. Results show a moderate Sharpe Ratio (1.7), with an expected win rate of 63% of trades (7% margin of error) * What is the historical performance? * The realized Sharpe Ratio is 1.85 with a 67% win rate. Based on the trade performance so far, there is a 95% chance the expected win rate will be between 49% and 72%. (Stats as of 2022-10-28)
# Tickers of Interest - TL;DR **Gamma Max Cross** * [BP](https://options.hardyrekshin.com/#BP) 12/16 33P for $1.45 or less * [LVS](https://options.hardyrekshin.com/#LVS) 12/16 38P for $2.35 or less * [MRNA](https://options.hardyrekshin.com/#MRNA) 12/16 150P for $12.50 or less * [BX](https://options.hardyrekshin.com/#BX) 12/16 90P for $4.60 or less * [KHC](https://options.hardyrekshin.com/#KHC) 12/16 37,5P for $0.90 or less **Delta Neutral Cross** * [XBI](https://options.hardyrekshin.com/#XBI) 12/16 82P for $4.30 or less * [NU](https://options.hardyrekshin.com/#NU) 12/16 4.5P for $0.30 or less * [FEZ](https://options.hardyrekshin.com/#FEZ) 12/16 34P for $0.90 or less * [IYR](https://options.hardyrekshin.com/#IYR) 12/16 83P for $2.85 or less * [TGT](https://options.hardyrekshin.com/#TGT) 12/16 160P for $7.20 or less # Trading Thesis - Why These Crayons Taste Better Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not. * Where are the crayons? I only see words. * Click the links above. * Have you back-tested this? * Yes. Results show a moderate Sharpe Ratio (1.7), with an expected win rate of 63% of trades (7% margin of error) * What is the historical performance? * The realized Sharpe Ratio is 1.85 with a 67% win rate. Based on the trade performance so far, there is a 95% chance the expected win rate will be between 49% and 72%. (Stats as of 2022-10-28)
>It is certainly possible that the market could crash and you could make money on your FEZ puts, but it is also possible that the market will not crash and you will simply lose money on your investment. There is no certain way to predict what will happen, so it ultimately comes down to taking a risk.
FEZ hold the euro top 50, good yield too. VXUS is good ex us. You're welcome to attempt to match a world index with individual stocks. Good luck and follow up with us on how that goes for you. A lot of them you can't buy unless your from that country. I hold HAWX.
VGK and FEZ puts through October just sayin
Puts on FEZ have paid nicely.
Closed SPY 10/28 puts today at 50+% but now just waiting to reload. May regret letting those go early. Trimmed some FEZ at +120% but still holding some.
No idea why you are being downvoted... We are here to make money, not play politics. Personally I have puts in few ETFs, and that's it. Mainly EWG and FEZ but any liquid ETF with large exposure to the EU is worth it, in my opinion. As for situation... Well, we are in for cold autumn. EU is talking about *mandatory* power reduction, etc.
Short FEZ? I mean Europe’s either ditches the foreign policy and takes energy from Europe or they implode their economy. Pick
for any of my flow readers, FEZ is still being slammed. looks to be getting attention on twitter now, its been passed around reddit for a couple weeks now. friday was more of the same, loading 8/19 and 9/16s. most of them seem like spreads but the IV is super low and seems like a doomsday bet. In case anyone who likes evaluating flows is looking for a potential trade. i have like 20 some monthlies. not much yet.
another day another +50k in vol on FEZ puts. been signaling it for weeks
is FEZ the ultimate degen play on a euro pump? or am i misunderstanding that etf
The fuck is FEZ and .FEZ220520P34 FEZ 100 20 MAY 22 34 PUT volume : 112,608, last .45
>Is there any options strategies that has high probability of gains yet low cost? My thoughts: as a trader, you're looking for mispricing of risk, as it appears in option prices. Risk too cheap: buy some. Risk too expensive: sell some. So step back and take a wider view for a minute. If the options you trade are correctly priced, then on average you will make zero money. So in practice you are looking for temporary mispricing, like market over-reactions. Something I did recently: European stocks in a bear market, which bounce sharply for a day or so: buy some FEZ puts, because they're underpriced due to hopium. Something I've done before: VIX goes to 60 because some market maker has blown up: sell VIX 80/100 and similar call spreads, because they're overpriced due to panic. I sold call spreads all the way down, as the panic receded. I like the VIX, but it's not for everyone. Look for securities which you like to trade and where you can often see mispricing.
A couple of thoughts: 1. "Diversification is the only free lunch". Have a few trades on that tend to be uncorrelated, or even better, anti-correlated. An example from what I'm doing: VIX OTM bear call spread, plus long put position on FEZ. On any given day, one of these will be working: tanking markets helps the puts, falling markets helps the bear spread. Seeing that some trades are working well calms you down - you can look at the losing trades more calmly. (Why FEZ rather than SPY? Because Europe is more volatile right now.) 2. Think about the worst case. What could blow up your positions? Do you have a cheap hedge in place? An example from what I'm doing: when VIX is cheap, I'll go long /VXM (VIX mini-futures), to protect my short VIX call options. If VIX blows up, the /VXM position will limit the damage, even turn a net profit. Knowing you're prepared for the worst calms you down. 3. Enter a position in stages. Start small. Is the price now better? Add to it. Price even better, and you like it? Add to it, up to your limit for this position (because see 1 above). Same with exiting. Price is good, giving you a good return on alliocated margin? Close some of your position. Price even better? Close a bit more. Price reverses on you and you don't like the trade now? That's ok, you have already taken profits, so close the rest. You have made money overall, so relax and close it out FTW. 4. Against each position on your screen, display its daily unrealized P&L next to its unrealized P&L (to date). If you're down on a trade, but it's changing in your favor, that can help you stay calm and assess. Likewise if you're up on a trade but its changing against you. This is almost too simple to mention, but it has helped me. I find having several positions, with daily and total P&L for each, and seeing a patchwork of green and red, helps me - something about the visual pattern. And no one position is so large that I get stressed out about it (because see 1 above).
#$AAPH calls #$MOS calls #$FCX calls ---- #$FEZ puts #$NRZ puts #$BTI puts
#$AAPH calls #$MOS calls #$FCX calls #$FEZ puts #$NRZ puts #$BTI puts
Yeah man this and my FEZ puts are the silver lining to this situation for me.
FEZ puts, VXX calls, CBIO and SLDP leaps
Well I personally always prefer a 60% US, 40% international mix but basically yes you would not go wrong with that allocation. My portfolio benchmark is SPY (15%) DJI (15%) QQQ (15%) IWM (15%) URTH (10%) FEZ (10%) AAXJ (10%) SPEM (10%) But you can always allocate more to US. I personally think that international markets will outperform US next 1-2 years.
Your broker should have that feature. However you can easily do it yourself. I calculate my performance against benchmarks weekly. This is how it looked like yesterday Benchmark (Year to date - since close Dec 31 2020) SPY 3756 (15%) 16.9% DIA 30606 (15%) 13.5% QQQ 12888 (15%) 15% IWM 1974 (15%) 13.1% SPEM 42.16 (10%) 2.4% URTH 112.41 (10%) 14% FEZ 41.72 (10%) 9.4% AAXJ 89.61 (10%) -4.4% Average YTD: +10.9% +0.6% ETF benchmark +10.9% +0.6% Small portfolio +36.3% +0.1% Big portfolio +33.3% +0.2%
Stick with ETFs man. Mirror SPY, QQQ, IWM, FEZ, URTH, AAXJ and SPEM. I use them as forever ETFs.
Why don't you just do SPY (70%) if you want to add international maybe add FEZ for Europe, AAXJ for Asia and SPEM for emerging markets (10% each). Then add monthly for the cost averaging effect.
If you only invest in US stocks. Benchmark should always include international stocks and emerging markets plus Asia dragged the benchmarks this year. Benchmark SPY 3756 (15%) 17% DIA 30606 (15%) 14.1% QQQ 12888 (15%) 16% IWM 1974 (15%) 12.8% SPEM 42.16 (10%) 1.6% URTH 112.41 (10%) 14.6% FEZ 41.72 (10%) 12.7% AAXJ 89.61 (10%) -2% Average YTD: +11.7% -0.5%
FEZ seems to be an acquisition firm. Is that the one we are discussing?
Literally what I’m cancelling FEZ on Nintendo.