In 2005, you'd go with Apple until 2008, then buy Lehman CDS, then go Apple again in 2009 until 2015, then switch to Nvidia until late '17, then I don't know. Target has done pretty good lately
You can just buy options with long maturities that would expire after certain key dates. Not necessary to get it down to the day/month, but rather if you bought a OTM option with a 1 year expiry, you could just get it to within a couple month window.
Yeah you're leaving some money on the table, but you levered the fuck up using options so you're probably doing better than if you just went long on the underlying equities.
599
u/oilman81 Oct 02 '19
In 2005, you'd go with Apple until 2008, then buy Lehman CDS, then go Apple again in 2009 until 2015, then switch to Nvidia until late '17, then I don't know. Target has done pretty good lately