After the show, Cody asked me where I was position wise, and my answer was mostly cash, (but not short enough):

Portfolio

Here’s what it looks like right now; Funny thing is earlier this week I had an 80% cash position, but the option postion grew.

Money Funds   75.2%

Stocks  11.8%

Short Trade  5.0%

Portfolio Credit Line  4.7

Long Options   3.1%

Category: Trading

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Portfolio”

  1. wcw says:

    Is the stock section sum[abs(long),abs(short)] or is that your net position?

    FD: trading account is.. dig dig..
    -60% short
    50% long
    5% long calls
    3% long puts
    -4% short puts
    105% cash
    ..plus a little rounding, I think.

    Some of these (the lowered long put exposure, the short put exposure, some of the longs) are leveraged either explicitly or implicitly, and a large chunk of the short position is short CRF as a long-term the-premium-to-NAV-must-go play, so this is not as bearish a posture as it appears.