There have been some significant changes to my portfolio over the past couple weeks, including adjustments to positions I hadn’t even posted on here yet. I figured, therefore, it would be worth posting a quick update on the major position additions and reductions. Here is how my portfolio has changed over the past week: Name […]
Month: December 2020
Ambac – the catalyst finally comes?
Note: This post was originally posted on Dec 11 2020. However, it was updated January 24th 2021 to reflect current thinking. Ambac is currently close to a pure-play special situations bet, and seems to have a 2.9x – 3.6x upside, with a ~20% downside. I’ve been working on this idea for a while now, and […]
Portfolio update – close out of NKLA puts
As it is the first of my first active month, and I just exited (most of) my NKLA puts, I figured I share a quick update. Last Friday (Nov 27th) I allocated ~5% of my portfolio into (a) 12/11 NKLA $23.5 Puts for $1.6 each, and (b) 12/18 NKLA $27 puts for $3.2 each, with […]