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NEWS

Take Profit and Short in May vs Sell in May🍎

  • Chronicle Trade Group, LLC
  • Apr 29, 2023
  • 1 min read

Updated: Apr 30, 2023





What Is "Sell in May and Go Away"?

Well known cliché in The Market. It is based on stocks lack of performance during the six-month period from May to October. The divergence in buy and hold in recent years is "Grandpa-ish", with the S&P 500 index gaining an average of about 2% from May to October since 1990, compared with an average of approximately 7% from November to April, according to Fidelity Investments.


Active Investor/Trader don’t have to sell all of your stocks in order to take advantage of the U.S. The Market’s “Sell In May and Go Away”.


Simple Hedge Strategy

Let's say Long on Apple Inc. $AAPL 50 Shares, who wants to sell the Golden Star⭐ of the S&P 500.


  • $AAPL Friday, April 28, 2023 closed at $169.68

  • Probability on Monday, May 1, 2023, Apple Inc close higher or lower based on intra-day price action $170 - $168⬆️⬇️


Protect the long position, take a Short position 25 shares, depending on intra-day price action, this will allow a psychological affect of having an "Edge" which helps with a summer-time relaxation-sleep-well vacation🏝️


Probability Apple Inc advances to $180 thru May, Sell 25 shares of the 50 shares, wait until October probability Apple Inc at $155 Cover 25 shares of the short position.


  • Sell 25 shares of long position in May at $180 Profit $268

  • Cover 25 shares of short position($170) at $155 in October Profit $375

  • Buy 25 shares sold in May at $155


Long on Apple Inc. $AAPL 50 Shares "Invested in The Game" it's called "Edge"💥


$AAPL Fast Stochastic at Overbought Levels, Report First QTR Earnings May 5, 2023

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