Good evening everyone,
Almost two weeks ago I told you about my new portfolio experiment with warrants (https://getqu.in/gCh37k/ ) . Something has happened since then, so here is a brief update.
My starting capital is around €300, so far I have invested €277.74. At the beginning I built up the following positions:
- 157 € inliner on NVIDIA
- 120 € inliner on SAP
There was a first change in the portfolio today. I sold the SAP inliner for around € 131 and then bought a Lufthansa 7x long for around € 120.
This currently results in around € 34 in the clearing account. This is made up of a realized profit of €11 and a liquidity buffer of €23 in case I want to add to a position or switch warrants again soon.
Overall, after two weeks with my starting capital of € 300, I currently have a portfolio value of around € 374. Of this, around € 340 is accounted for by the warrants and € 34 by the clearing account. I'm happy with this to start with and I'm excited to see how the experiment develops. As the volatility here is sometimes 20% or more per day, it probably won't get boring any time soon.
Lufthansa Long
I bought the Lufthansa long with a leverage of 7 after @Multibagger shared his idea that there could be a possible downward exaggeration here. In addition, Lufthansa has hedged around 80% of its oil consumption for this year, and the share $LHA (-3,6%) is currently at the 200-day line. A possible end to the war, as hinted at by Trump, could additionally help the stock break back above the 200-day SMA on a sustained basis.
My exit scenario would be if the share confirms the downward trend in the next few days and closes below €7.51 (today's low).
On the other hand, I initially have two possible target areas in mind:
- € 8.74 - last week's high
- 9.53 € - high of the last month
With this in mind, I wish you a pleasant evening.
LG
Small investor 😊
