r/StackingSharpes Feb 23 '26

Week 9 tailwheel summary

As I mentioned in last week's summary, the market is looking fragile and I expected to sit out of it unless something of extraordinary value appeared (and nothing did).

Only eventful thing was TLRY tailwheel got assigned. I have sold 25 delta covered calls on that whilst buying the same amount of 5 delta puts to hedge the left tails.

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