Well, you should.zacb wrote:Actually, I am not trading options. But in addition to two individual stocks (ms, udrl), I have the VXX (bad idea, switching to short etf of S&P 500), and a Yuan bond fund. I plan on adding a high dividend payer here within the week. It yields 20% and is a fast grower in the Asian region. (UETMF) It operated resorts with Wyn Resorts in Asia. In addition, I have some precious metals stashed away. So I think I am well diversified. But that is kind of off topic.
When your stock goes up 1 percent, the stock option goes up 10 percent.