BookingAlpha's Hedge Fund Selections (AAPL, ORCL, HPQ)

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Hewlett-Packard
HPQ
. Oracle Corporation
ORCL
. Apple
AAPL
. These are the names that came up when Benzinga spoke to Trevor Vernon about his hedge fund. Full Interview:
Trevor Vernon, Founder Of BookingAlpha.com - Bulls, Bears, & Iron Condors - Zing Talk
“The markets we play in are almost strictly in the indexes,” Vernon said. “We do a lot of trading in big-cap tech. But between big-cap tech and the indexes, that's where we lay. We don't get into too many single stock stories. That's a long way of saying we don't have anything on the radar.” Vernon, the founder of
BookingAlpha
, said that he always trades the Qs. “That's a very core strategy for us,” he revealed. “We're doing really well right now with Hewlett-Packard
HPQ
. We're trading some Oracle Corporation
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ORCL
. It's been blowing the doors off things the last couple of weeks. We do have some Apple
AAPL
, but I think the upside in Apple is somewhat limited right now.” “We don't do many straight calls and puts other than for hedging,” Vernon added. “We primarily do spreads. We do a lot of iron condors. And moving in and out of those, we don't really take the iron condor, set it and forget it principle, as a strategy. We move in and out of credit spreads a lot.” To hear more from BookingAlpha's founder – including his history as a hedge fund principal – don't miss Benzinga's
full interview
with Trevor Vernon.
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Posted In: NewsHedge FundsMovers & ShakersGeneralBooking Alpha CapitalBookingAlphaBookingAlpha.comComputer Hardwarehewlett-packardInformation TechnologySystems SoftwareTrevor Vernon
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