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Five Guys

Published 05/13/2021, 12:06 AM
Updated 07/09/2023, 06:31 AM

I have begun to wade back into bearish waters, purchasing in-the-money, long-dated options in various securities. These have been been thriving lately and below are the five underlying securities against which I own puts:

SPDR® Gold Shares (NYSE:GLD), iShares Russell 2000 ETF (NYSE:IWM), Palantir Technologies (NYSE:PLTR), Peloton (NASDAQ:PTON) and Financial Select Sector SPDR® Fund (NYSE:XLF).

GLD Chart
IWM Chart
PLTR Chart
PTON Chart
XLF Chart

I have accordingly set some important SlopeAlerts to warn me of any troublesome events.

Possible Conditions

Latest comments

folks in the comment section: gold can only go up
gold has the best cup and handle setup
gold is in that list. you got 1 wrong for sure
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