Seeking Alpha

David Schrader's  Instablog

David Schrader
Send Message
Dave is currently working as an Account Rep at a prominent financial services firm in Manhattan. In addition, he serves in the iMentor program and is under contract with a startup hedge fund for use of an algorithm he discovered. Prior to that David worked as an Equity Associate at First... More
  • A Time To Hedge 0 comments
    Sep 10, 2010 8:11 AM | about stocks: TZA, CMG, ESS
    Since my post on putting on some long exposure we've had a nice little runup. One thing I've been learning is that this truly is a stock-picker's market so one needs to be nimble and willing to take action on a weekly, sometimes daily basis. At this point I would be putting on hedges to protect my recent gains. We've had a nice little run.... I'd raise cash by booking gains or add a short hedge.

    Do your own research prior to making any decisions. I own put options on CMG and ESS as well as the TZA (3x inverse ETF). I still hold my longs (KEM and PPD) though I sold out of most, if not all of my others.


    Disclosure: I own put options on CMG and ESS as well as the TZA (3x inverse ETF).
    Stocks: TZA, CMG, ESS
Back To David Schrader's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • PPD ripping on only 2x avg volume
    Oct 25, 2010
  • PPD looks to be gaining support here... if you had taken profits when discussed, now may be a great time to re-enter the position.
    Oct 11, 2010
  • Lots of nearly parabolic movement going on... don't be greedy when everyone else is
    Sep 29, 2010
More »

Latest Comments


Most Commented
  1. Long Idea: CHBT (5 Comments)
  2. Sell (2 Comments)
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.