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Reply to "Shorting against the box- what was DH thinking?"
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[quote=Anonymous][quote=Anonymous]In the DIA trade he is long $86k so if the Dow is up 10% or down 10% he has $8600 of exposure. This seems unnecessarily complex if this is the exposure he wants. The long 10 stocks short spy may be a logical trade. It implies he has a plan and assumes the 10 will outpace the overall market to the upside. Overall sounds like you two need to get on the same page with regard to your financial planning. [/quote] sorry, $76k not $86k[/quote]
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