hello pezz, tonight's report:
i wanted to unload something that is not real estate, cash, energy shares or gold or any of the other fine precious metals, and invest the proceeds in the future of the empire, and could not come up with a solution.
then it occurred to me, why not just return to the trade that worked and worked well (see p.s. skf trail below), and yet again sell an empty promise on the promise-free and risk-aplenty financials, to buy the anti-financial that is ultrashort financial finance.yahoo.com
so, i shorted large wallop august skf puts strike 100 at average price of 4.10 (as much as was taken away from me just so few days ago at 140 and 130, by action of shorted calls at rich premiums and direct sales).
this feels illegal, shorting puts on financial ultra shorts, and may soon be, because it is too easy and undeservedly so very extremely well-paying, and is so in keeping with the dire times.
chugs, tj
p.s.
Message 24042769 buy @ 94.75
Message 24058216 buy @ 93.00
Message 24063065 buy @ 96.70
Message 24155325
(i) Shorted SKF April Call strike 110 at 10.40 average price
(ii) Shorted SKF April Put strike 90 at 7.90;
Message 24243652
(i) I increased my UltraShort Financial SKF holdings by 500% at 106.2 - 107 ...
(ii) I bought to close my SKF April (covered) Call 110 at 16.00, at small sacrifice that is offset by the still open short April Put 90 position.
Message 24251128
(iii) Shorted UltraShort Financial finance.yahoo.com SKF Put April strike 100 @ US$ 12.70 ...
Message 24391605 added to ultrashort financial SKF finance.yahoo.com at 120.5, to invest in the dire future
Message 24663269
Sold some finance.yahoo.com at 125.91-95, and
Shorted some SKF July Call Strike 130 at 9.50.
Message 24702844
(a) sold a mess of SKF @ 140/+ on auto-pilot sell order;
(b) sold some july strike 140 covered calls on remaining and un-call-covere SKF, at i am not sure what price (guessing 10+ on auto-pilot mkt order phoned in during my day) ...
now all my SKF are either sold or obligated until july option expiration time
Message 24750868
at some juncture will also have to short SKF or buy puts, but hopefully after my SKF already in hand is called away
Message 24771483
(ii) with regard to SKF ... some good and generous person called away my SKF at 140, granting me a massive win ... leaving me with opportunity to either buy back SKF at less than 140, or use capacity to write some puts
(iii) again regarding SKF, someone else called away the rest of my SKF at 130, boosting my capacity to do more with winnings, premium windfall, and original stake capital
(iv) yes, i think whatever is happening to the financial industry that powers the empire is finished yet.
the fraudulent system is made toxic by fake capital coursing through its veins, pumped by gordon gekko, supervised by no one in particular, and enabled by ex-mayors of inconsequential towns put on to pig pen capitol hill, in the aggregate, by uneducated but very loud electorates who take no responsibilities for own short comings and long goings.
SKF will rule again, and at some juncture, again and again, until a bail out of the fed will need to be. after that, worse still special rendering of paper currency savers will be, and then it will get really bad, towards the sorry end-game.
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