GEHC topped out in an ascending channel SHORT

3월 25일

GEHC is a new spinoff from General Electric. It has great success thus far with good earnings

reports and no dependency on debt and interest rates. It has been on an uptrend since

the November earnings. At present it is correcting. I will play this going short on shares while

hedging with a long term call options. I am in GE calls out into 2026. A long term call option

will yield a lower capital gains tax if closed beyond 12 months. Accordingly, I will go out 15-16

months as I typically want to close early to avoid the effects of time decay. I have high

expectations for GEHC. I do not think it will disappoint. When price reaches the running mean

anchored VWAP I will close the shares and run only the options.