Monday, January 10, 2022 -- $86,621.38 (-$5,523.67, -5.99%)



Monday, January 10, 2022 -- $86,621.38 (-$5,523.67, -5.99%)

The portfolio tanked today.  This can be seen as a good thing!   Really!  Often, one of the goals of a portfolio is to be not- or reverse-correlated with the broad markets to provide diversification and hedging attributes to your investments.  On a day when the broad markets were flat, having substantial losses in my positions indicates, at least to a small degree, some level of dis-correlation with the broad markets.

My plan to sell NCLH calls if NCLH went up this weekend has been put on hold for a little longer. I think that we will be seeing a peak in COVID cases soon due to the amazing contagiousness of the Omicron variant, and as the cases subside I am hoping there will be increased confidence in the viability of the cruise lines and that NCHL's stock price will be a direct beneficiary.

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