Image credit: Tanger Outlets.
A Hedged Portfolio Around An SKT Position
Last August, I wrote about the performance of a bulletproof, or hedged, portfolio built around a position in AT&T (T) in 2017 and presented a new one, which recently completed (each portfolio lasts for six months). Following that, I began presenting hedged portfolios built around other, putative conservative stocks, including Tanger Factory Outlet (SKT) in August. Let's see how the portfolio finished at the end of six months. First, a reminder of how the portfolio was constructed and