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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 444.95-10.3%Jan 30 4:00 PM EST

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To: carranza2 who wrote (153601)2/25/2020 5:06:31 PM
From: TobagoJack  Read Replies (1) of 219959
 
Am staring at all the TSLA calls I earlier shorted for each month going out to October, and then Leap to January 2021, at strikes 1000, 1220, 1500, 1880, and am wondering what my counterparty is thinking now

The front month March 6, 13 and 20 expirations are now at strikes 950

Have sharply reduced hedge holdings of TSLA equity. Was on hypothecation regime. Now on ultra hypothecation discipline. As the front month’s obligations vaporize, I doubt hedging necessary unless I wish to close in with strikes towards in-the-money, for the kill, by armor and mechanized infantry, requiring house to house and street to street fights. Do not see the necessity now, and have no particular inclination as strategy. May do a tactical for a day trade a few dozen hours before expiration.
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