RE:Fools and their money are being parted!! Today was scary!
Watched the VIX as the markets were correlated strongly today, decided to do a 400k bid for 1.38 when the VIX was spiking to 31.45'ish and had a 289k fill and it was able to hold and build.
Now 1M shares of Gear, 300k shares of Ath, 15k shares of Meg and a hedge of 30 percent cash.
Definitely looking for earnings next week as the next catalyst knowing that we can experience chop this week and more
downside pressure, but have to give this a go! Yes hedges
hurt but have look through timing noise, IMO
Good luck everyone