Updating Message 32408652
(1) Am in Brisbane again, and after reflection in the Queensland outbacks I did the following
(1-i) Short KO https://finance.yahoo.com/quote/KO?p=KO&.tsrc=fin-srch Dec 20th '19 Put strike 52.50 @ 0.99
- Skimpy premium, but better than interest rate, still, barely. Tolerable risk-on in melt-up even as alleged smart money turned negative and supposed dumb money bought into melt-up
(2) Closed positions
(2-a) @ 2.16 <<Short TLT Dec 20th Put strike 138 https://finance.yahoo.com/quote/TLT?p=TLT&.tsrc=fin-srch @ 2.35>> - enough. Do not need to sit out rest of the period. May put on new position w/i a few days.
(2-b) @ 0.30 <<Short SIL Dec 20 '19 Put 28 finance.yahoo.com @ 0.30>> - skipping possible down-move for a better fight.
(2-c) @ 0.32 <<Short GDXJ finance.yahoo.com December 20th '19 Put strike 34 @ 0.52>> - enough, given that I have strike 37 put in the fire.
(2-d) @ 0.36 <<Short MCD Dec 20 '19 Put 180 finance.yahoo.com @ 1.59>> - enough. May put on new position w/i a few days. burgers go well w/ Coke.
(2-e) @ 1.72 <<Long MU Dec 20 '19 Put 45 finance.yahoo.com @ 1.14>> - enough. Who can know about trade war and economy and and and. Besides, wanted to close of the trade in NVDA.
(2-f) @ 6.65 <<Short NVDA Dec 20 '19 Put 200 finance.yahoo.com @ 8.45>> - enough. No need to wait for earnings announcement this day. Besides, starting to feel as if the market believes the trade truth would not happen.
(2-g) @ 3.21 <<Short QQQ Dec 20 '19 Put 200 finance.yahoo.com @ 4.14>> - enough. Turning defensive in the melt-up. Too much growling noises and not enough prospective reward even as headwind increase in strength. There should be a better day to re-engage w/ risk-on.
(2-h) @ 6.22 <<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>> - survive, to survive another day.
(3) The Jack
Shall home-school the Jack in the coming week should school continue to be suspended due to other kids causing public safety concerns. Should be fun or made fun to get the Jack to self-start learn in organised way.
(4) Positions now at ...
(4-a) Short ERIC April 17th Put strike 7 finance.yahoo.com @ 0.13 (in volume twice as large as Long in NOK Put)
(4-b) Short ERIC Apr 17 '20 Put 8 finance.yahoo.com @ 0.29
(4-c) Long NOK April 17th Put strike 3 finance.yahoo.com @ 0.12 (in volume half as much as Short in ERIC Put)
(4-d) Long NOK Apr 17 '20 Put 3 finance.yahoo.com @ 0.12
(4-e) Short GDXJ Dec 20 '19 Put 37 finance.yahoo.com @ 0.85
(4-f) 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)
(4-g) Long Hang Seng Bank finance.yahoo.com @ HK$ 169.90
(4-h) Long China Mobile finance.yahoo.com @ HK$ 66.45
(4-i) Long paper gold since forever, cost basis ~$1,337 per troy ounce
(4-j) 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
(4-k) Short KO https://finance.yahoo.com/quote/KO?p=KO&.tsrc=fin-srch Dec 20th '19 Put strike 52.50 @ 0.99
Essentially intend to
- hold positions as Ericsson gains relative to Nokia even as both loses territory to Huawei
- increase the short palladium / long platinum wager should palladium touch 1,800. Feeling more comfortable w/ the trade, which probably means am meandering into ambush, but would be criminal not to further explore the NToeAwsBe (natural trade, obvious exchange, apparent wager, sure bet)
- GDXJ may be put, would be Ok, as rearguard action above (2-c) done well, and flank of above (2-b) secured
Am behaving more and more as would a day trade per take-the-money-and-run, for it is the season, I believe.
Who is brave enough to invest? |
