Annuities to cover a “Back Swan” event, you say? In the course of an insurance policy review I touched on option trading and low-and-behold the agent had a product to suggest…fancy that! It’s an annuity hedge for market downside, as if we don’t know about long puts…oops…shades of Feb 5. Anyway, I thought y’all might be interested in its structure, or not. I’m not buying, selling or recommending, I don’t know how much it costs, keep or toss. Have a great evening.
P.S. AXA is on the NYSE as ticker EQH
sold July 20, 30 put for .43
Sold $CVS Nov 16 60 puts @ 1.70
Taking off my last position in this old Fuzzball favorite. I’m out of this stock completely now and will look to re-enter on the next big move.
Bought to close $REGN Aug 17 240 put @ 1.15. Sold for 5.70 on 2/13.
Actually probably just a pullback within the uptrend (it’s not even really testing the 50dma). So maybe more of a dropped butter knife from the dining room table. Safer to catch anyway.
Sold $BIIB Jan 18 2019 220 puts @ 3.70 with the stock at 287.89. Delta 10.