Anyone here going to hedge your stock bonus?

CFA General
#1

I’m thinking of shorting XLF in my personal account. A bit paranoid after JPM fell 7% today… I don’t know the number yet, in case you were wondering.

#2

My company prohibits short-selling and buying puts on company stock.

#3

Anonymous Wrote: ------------------------------------------------------- > My company prohibits short-selling and buying puts > on company stock. Does that include an ETF which contains your company’s stock?

#4

Anonymous Wrote: ------------------------------------------------------- > My company prohibits short-selling and buying puts > on company stock. Yeah me too. The assumption is that bank stocks are highly correlated with XLF, an ETF based on financial stocks.