Hello Pezz, Report:
I woke up during the middle of last night in my hotel room, from a dream in which I heard:
(a) Short NEM January Put strike 42.5 massively at USD 0.7/shr, because it is free money, and it will nicely balance off the current short NEM January covered Call strikes 40/42.5 in the portfolio; and
(b) Buy, massively, Energy Split uk.finance.yahoo.com at CAD 11.99, because it is a leveraged and diversified bet that perhaps will allow you to withdraw some specific troop units from other CanRoy territory without disturbing the aggregate monthly distribution flow that results from extraction of oil/gas from Canada and from tapping of US consumer demands for warmth.
So I did, massively, on both, and made my getting out of bed worthwhile, since I did not need to visit the bathroom. I then returned to the fluffy pillows and comfy comforter :0)
Will NEM back-track back to 40? Perhaps, but that will make my currently shorted NEM March covered Calls strike 50, 45, and 42.5 go worthless, and allow me to short NEM calls again once NEM tracks forward in this bull market for money printing.
Chugs, Jay |
