| | | yes
for example on 1.11 bought GDX @ 28.40
on 1.29 shorted GDX Feb 21 Put 28 and shorted Feb 21 Call 29, at 0.50 and 0.48 respectively, whilst may not seem much zig / zagged to lowering cost basis on GDX accumulation by ~8% since August
Have lowered cost basis of GDXJ by 31% since August, and invested ~90% of the discount / savings into GDXJ January 21 2022 Leap Puts to try to profit from any downdraft between now and 2022
Have SBGL bought at 10.01, and shorted both Feb Call / Put at 0.50/0.55, for a combined 10%
and SBGL bought at 10.92, with bracketing April Put / Call 0.71 / 0.56, etc etc
same routine w/ BMA and ALGN in non-metals sectors
was but stopped doing Boeing, was profitable but disturbed sleep cycle recently
The recent net net effing net seems to be 19% per annum on capital committed, since August
the protocol was much more profitable pre 2012 before volatility got nailed to the floor by Fed actions
in some sense trade war and 2019nCoV and ME wars, and Brexit, and and and all bullish, per ...
Chaos is a gift
Crisis a partner
Volatility friend
Lonely path right way
Survive to survive another day
Now likely to go net deep short, because it may be time, and given the odds, not dangerous |
|
