{"id":38279,"date":"2017-05-11T11:46:28","date_gmt":"2017-05-11T15:46:28","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=38279"},"modified":"2017-05-11T11:46:28","modified_gmt":"2017-05-11T15:46:28","slug":"puts-on-the-sp-500-as-a-hedge","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=38279","title":{"rendered":"Puts on the S&#038;P 500 as a hedge?"},"content":{"rendered":"<p style=\"text-align: left;\">A wise friend is seeking to buy puts on the S&amp;5 500, as a hedge. He says he might be late, since others have already bought them and driven the price up. Here&#8217;s the S&amp;P 500 chart over the past year:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/spyOneyear.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-38286\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/spyOneyear.jpg\" alt=\"spyOneyear\" width=\"567\" height=\"273\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/spyOneyear.jpg 567w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/spyOneyear-300x144.jpg 300w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">You can apparently buy an August 18 put for $2.91. Buy puts on days the market rises strongly.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Credit cards are amazingly lethal.<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">If I&#8217;m late with the Chase credit card, they now charge me 25.74%, plus a million other fees like balance transfer fee, cash advance fee, late payment fee and return payment fee. I have my two &#8212; only two &#8212; credit cards on auto-pay. Hence no fees, no matter where I am.<\/p>\n<p style=\"text-align: left;\">Is this 25.74% \u00a0a \u00a0good reason to buy JPM at these levels? I&#8217;m dubious. It&#8217;s had a great run in the last year. I&#8217;m holding the ones I own.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/JPM.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-38280\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/JPM.jpg\" alt=\"JPM\" width=\"571\" height=\"288\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/JPM.jpg 571w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/JPM-300x151.jpg 300w\" sizes=\"auto, (max-width: 571px) 100vw, 571px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>50 Best Foods for Your Health.<\/strong> <\/span>From Readers Digest (Feb 2017). Where else?<\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><strong>Nutritional all-stars:<\/strong><\/p>\n<p style=\"padding-left: 60px; text-align: left;\">+ Sauerkraut<br \/>\n+ Turmeric<br \/>\n+ Canned tuna<br \/>\n+ All fish. Said to lead to a 60% drop inthe risk of developing Alzheimer&#8217;s and slashes your chance of dying from heart disease by a third.<br \/>\n+ Dark chocolate (70% cacao).<br \/>\n+ Berries<br \/>\n+ Purple cabbage<br \/>\n+ Leafy green vegetables<br \/>\n+ Nuts<br \/>\n+Any food that sprouts<br \/>\n+ Ground flax-seeds<br \/>\n+ Wine<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">You can not find the list or the \u00a0printed magazine&#8217;s logic online. Dah!<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Marriage and sex. Classic quotes.<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;There are a number of mechanical devices which increase sexual arousal, particularly in women. Chief among these is the Mercedes-Benz SL500.&#8221;<br \/>\nLynn Lavner<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;Sex at age 90 is like trying to shoot pool with a rope.&#8221;<br \/>\nCamille Paglia<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;Women might be able to fake orgasms. But men can fake a whole relationship.&#8221;<br \/>\nSharon Stone<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;Hockey is a sport for white men. Basketball is a sport for black men. Golf is a sport for white men dressed like black pimps.&#8221;<br \/>\nTiger Woods<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;Ah, yes, divorce, from the Latin word meaning to rip out a man&#8217;s genitals through his wallet.&#8221;<br \/>\nRobin Williams<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;There&#8217;s very little advice in men&#8217;s magazines, because men think, &#8216;I know what I&#8217;m doing. Just show me somebody naked !&#8221;<br \/>\nJerry Seinfeld<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;See, the problem is that God gives men a brain and a penis, and only enough blood to run one at a time.&#8221;<br \/>\nRobin Williams<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;It&#8217;s been so long since I&#8217;ve had sex, I&#8217;ve forgotten who ties up whom.&#8221;<br \/>\nJoan Rivers<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Sex is one of the most wholesome, beautiful and natural experiences money can buy.<br \/>\nSteve Martin<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">You don&#8217;t appreciate a lot of stuff in school until you get older. Little things like being spanked every day by a middle-..aged woman. Stuff you pay good money for later in life.<br \/>\nElmo Phillips<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;Bigamy is having one wife too many. Monogamy is the same.&#8221;<br \/>\nOscar Wilde<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21218\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\" alt=\"HarryNewton\" width=\"200\" height=\"199\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg 200w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><br \/>\nHarry Newton, who&#8217;s looking forward to this weekend&#8217;s (Mother&#8217;s Day) visit with granddaughter, \u00a0Sophie:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/Sophie2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-38283\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/Sophie2.png\" alt=\"Sophie2\" width=\"400\" height=\"375\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/Sophie2.png 400w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2017\/05\/Sophie2-300x281.png 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><\/p>\n<p><script>\/\/ <![CDATA[\n(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){\n  (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),\n  m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)\n  })(window,document,'script','\/\/www.google-analytics.com\/analytics.js','ga');\n\n  ga('create', 'UA-45200733-1', 'technologyinvestor.com');\n  ga('send', 'pageview');\n<\/script>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wise friend is seeking to buy puts on the S&amp;5 500, as a hedge. He says he might be late, since others have already bought them and driven the price up. Here&#8217;s the S&amp;P 500 chart over the past year: You can apparently buy an August 18 put for $2.91. Buy puts on days [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38279","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/38279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38279"}],"version-history":[{"count":4,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/38279\/revisions"}],"predecessor-version":[{"id":38287,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/38279\/revisions\/38287"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}