I look at hurricane plays as a hedge against my own livelihood. If you’re wondering why I’m so heavy in energy at the moment, take a look at the picture below.
The way I look at it is if I get hit by a major storm I will benefit from a ragin’ account filled with call options. However, if it misses me I will take a few losses– but, spared from the deacon of death.
It’s a win-win in my book.
Note: There ain’t no money like FEMA money!
Take a peek at PGTI…. great hurricane play….
RC, you can move in with me. Rather than have you pay rent, I’ll just have you manage my option account.