IRBT
iRobot Corporation
stock NASDAQ

I have been playing around with various hedging strategies. I have tried a few so far with mixed success. OTM puts on random tickers/etfs. Call credit spreads. Put calendar spreads. The most successful strategy so far has been to just go with the classic short setup. Find some struggling companies and buy some slightly OTM puts a few months or more out. Wait for run ups and scale in. This does involve doing active diligence, so that is the main downside. But I have had some nice wins with this strategy. IRBT and OWL were my two biggest. And the added bonus is you don't really need the market as a whole to go down in order to win. For example, IRBT entered Chapter 11 during a time when the market was chugging along as usual.
Right now I am looking at some airline stocks. Assumption being high fuel prices are going to hit them hard. I am only doing this with around 1% of my portfolio, but with this market running so hot, and with the oil crisis still not sorted out, I think I am going to scale into it a bit more.

I have been playing around with various hedging strategies. I have tried a few so far with mixed success. OTM puts on random tickers/etfs. Call credit spreads. Put calendar spreads. The most successful strategy so far has been to just go with the classic short setup. Find some struggling companies and buy some slightly OTM puts a few months or more out. Wait for run ups and scale in. This does involve doing active diligence, so that is the main downside. But I have had some nice wins with this strategy. IRBT and OWL were my two biggest. And the added bonus is you don't really need the market as a whole to go down in order to win. For example, IRBT entered Chapter 11 during a time when the market was chugging along as usual.
Right now I am looking at some airline stocks. Assumption being high fuel prices are going to hit them hard. I am only doing this with around 1% of my portfolio, but with this market running so hot, and with the oil crisis still not sorted out, I think I am going to scale into it a bit more.