Updating Message 32399484
(1) Closed position to fix a potential mistake that gives me anxiety whenever I break own rules (i.e. never ever short puts on equity am not willing to own)
At 4.40 closed <<Short BYND finance.yahoo.com November 29th Put strike 80 @ 4.25>> - small loss.
Decided that I do not like the BYND burger; that the burger would never make headway in my neighbourhood covering perhaps 3 billion souls, and BYND would not make convert of many beef burger eaters, if any, and that BYND is to meat what WeWork is to office rental. Short the beast should it ever revert to 130 and over, as it could, instead.
(2) Opened battle on other fronts
(2-a) Long NOK Apr 17 '20 Put 3 finance.yahoo.com @ 0.12 (added to existing position) - I do not think much of NOK relative to ERIC and to Huawei.
(2-b) Short ERIC Apr 17 '20 Put 8 finance.yahoo.com @ 0.29 (should NOK rise, ERIC should rise more, and should ERIC rise, NOK might fall)
(2-c) Short SIL Dec 20 '19 Put 28 finance.yahoo.com @ 0.30 as good house-keeping move, for it is equity that should melt-up, and anti-equity that might not crater
(2-d) Short GDXJ Dec 20 '19 Put 37 finance.yahoo.com @ 0.85, again as good monthly house-keeping roll
(2-e) Short MCD Dec 20 '19 Put 180 finance.yahoo.com @ 1.59 because I think nothing happened at MCD to merit a dropping of its price, and in an equity melt-up scenario, MCD is worthy, and for all I know MCD might come up w/ its own and better veggie alt-burger
(2-f) Long MU Dec 20 '19 Put 45 finance.yahoo.com @ 1.14 because am guessing the phase I trade deal might not happen, and even if it should happen, MU has no future, but not just yet. I did this trade I am also wagering on below (2-vii)
(2-g) Short NVDA Dec 20 '19 Put 200 finance.yahoo.com @ 8.45. I do not really want to be put, and am guessing whatever the merit of any trade deal Phase I, NVDA may benefit. Should NVDA go down, MU should go down more. I realise there are company specific issues, but given the short term nature of the trades, might not matter.
(2-h) Short QQQ Dec 20 '19 Put 200 finance.yahoo.com @ 4.14. In a melt-up, prospective crack-up, nothing matters, but just in case,
(2-i) At 1/2 of (2-ix) position, long QQQ Mar 20 '19 Put 195 https://finance.yahoo.com/quote/QQQ?p=QQQ&.tsrc=fin-srch @ 6.72. Am hoping that should QQQ crater, I get bailed out, and should QQQ not crater, on interim up / down, I get out clean w/ residual value
(2-j) Doubled-up on the long platinum and short palladium trade, after thinking some more
- Short PALL again finance.yahoo.com @ 168.14
- Long PPLT again finance.yahoo.com @ 88.09
(3) Positions now at ...
(3-a) Short TLT Dec 20th Put strike 138 https://finance.yahoo.com/quote/TLT?p=TLT&.tsrc=fin-srch @ 2.35
(3-b) Short SPY Dec 20th Put strike 298 finance.yahoo.com @ 6.43
(3-c) Short ERIC April 17th Put strike 7 finance.yahoo.com @ 0.13 (in volume twice as large as Long in NOK Put)
(3-d) Short ERIC Apr 17 '20 Put 8 finance.yahoo.com @ 0.29
(3-e) Long NOK April 17th Put strike 3 finance.yahoo.com @ 0.12 (in volume half as much as Short in ERIC Put)
(3-f) Long NOK Apr 17 '20 Put 3 finance.yahoo.com @ 0.12
(3-g) Short SIL Dec 20 '19 Put 28 finance.yahoo.com @ 0.30
(3-h) Short GDXJ Dec 20 '19 Put 37 finance.yahoo.com @ 0.85
(3-i) Short MCD Dec 20 '19 Put 180 finance.yahoo.com @ 1.59
(3-j) Long MU Dec 20 '19 Put 45 finance.yahoo.com @ 1.14
(3-k) Short NVDA Dec 20 '19 Put 200 finance.yahoo.com @ 8.45
(3-l) Short QQQ Dec 20 '19 Put 200 finance.yahoo.com @ 4.14
(3-m) At 1/2 of (3-l) position, long QQQ Mar 20 '19 Put 195 https://finance.yahoo.com/quote/QQQ?p=QQQ&.tsrc=fin-srch @ 6.72
(3-n) Long (forever) HKEX finance.yahoo.com at all sorts of prices and taking in dividends (meaning position at loss state) at dividend adjusted cost basis of HK$ 282 (ouch)
(3-o) Long Hang Seng Bank finance.yahoo.com @ HK$ 169.90
(3-p) Long China Mobile finance.yahoo.com @ HK$ 66.45
(3-q) Long paper gold since forever, cost basis ~$1,337 per troy ounce
(3-r) Palladium against platinum
- Short Palladium PALL finance.yahoo.com @ 169.01
- Long Platinum PPLT finance.yahoo.com at 86.86
- Short PALL again finance.yahoo.com @ 168.14
- Long PPLT again finance.yahoo.com @ 88.09 |
