As a quick recap of the current portfolio, this is a snapshot from May 2021:
- 50% long stocks (split 80/20 US-Asia)
- 25% short PUT expiring June 2021.
- 5% long CALL expiring January 2023.
- 20% cash.
Next steps and May strategy:
- Remain invested at ~50% long stocks
- If opportunities show up, increase long CALLS up to 10%, specially for Asia stocks.
- As long as VIX stays around 15-20 keep the short PUTS below 25%-30%