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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Harshu Vyas who wrote (73826)	10/3/2023 1:33:26 PM
From: Sean Collett	Read Replies (2) \| Respond to of 78456

I took a Buffett approach here and went in knowing Qurate would be a interesting situation where I need to be comfortable sitting on a potential loss for a bit (size correctly). Perhaps better ways to manage the portfolio, but I am not retiring tomorrow and have not taken a loss that requires me to adjust. Options are not normally discussed here but for what it's worth I also specifically hedged some of my risk in QRTEA with index ETF puts with Dec expiration. I targeted small caps specifically and opened puts on IWM when it was at $189 and it is now at $171. Not like this offsets the situation with Qurate, but it does give me additional room to sit and wait while Project Athens takes hold. -Sean