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Friday, December 5, 2025

Top Trades for Thu, 01 Oct 2015 12:03 – Hedging with DXD

Speaking of AAPL - Thanks to them and NKE (who also didn't used to be in the Dow and make all their stuff in China or Vietnam so WTF is it doing in the US INDUSTRIAL average?), the Dow has suffered considerably less damage then the RUT of the Nas this week.  It's about 3% above them so now it makes a nice short.  

DXD is at $24.27 and spike to $28 on the last run and is still in a nice bullish channel that's likely to take it back there in 60 days so let's grab 50 of the Jan $22 ($2.85)/$27 ($1.35) bull call spreads for $1.50 ($7,500) for $25,000 worth of protection in the STP.  

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