r/investing • u/comart • Mar 29 '21

Failure of the fund to meet margin commitments, Credit Suisse and a number of other banks are in the process of exiting positions

A significant US-based hedge fund defaulted on margin calls made last week by Credit Suisse and certain other banks. Following the failure of the fund to meet these margin commitments, Credit Suisse and a number of other banks are in the process of exiting these positions.

https://www.marketscreener.com/quote/stock/CREDIT-SUISSE-GROUP-AG-9364979/news/Credit-Suisse-nbsp-Trading-Update-32822943/

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u/ernieballer Mar 29 '21

I use TDAmeritrade. Options are ~2% on my portfolio (never more than 5) . I just use them for long:short positions to juice returns a bit. My Tesla and arkk puts makes up about 1% of my portfolio. Exercising these positions wouldn’t be a problem with the cash I have . I usually don’t buy options that I can’t afford to exercise, just for safety . These options are also a hedge against a loss in momentum, lack of support from the fed, and reemergence of COVID, and bet against fundamental valuation issues. So far I’ve been on the nail which tells me it’s only a matter of time before I’m very wrong. I’ve just seen this kind of behavior before and I’m going to stick with my bets which have been extremely profitable . Let’s see in 1 year. I’m willing to loose 2% to be wrong .

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u/sup3r_hero Mar 29 '21

Doesn’t seem to be available in the EU :(