Report:
I had to check again. I cannot believe XOM 30 puts are still trading at XOM 25 a share,,,, if I am putted at 30,,,, i think will not matter,,, because either TSLA will have conquered world, oil deemed useless and as such money, gold etc. will not matter.
Lost money on TMV,,, but may pickup calls. I have picked up various insurance along the way for inevitable fallout from congressional twits (that was a typo but I left it),,,and turns. Now convinced that negative interest rates are back pocket threat. and world will not call bluff.
As such am taking similar tack:
OKE currently trading at 21 and change. edit the little "-" = short puts.
Except for TSLA,,, i agree now is good a time as any,,,, but with usual consequence.
I am not hopeful for V shaped recovery,,, but more for new normal, and papering over, what is overdone is way overdone.
war in mid east is inevitable, likely priced in every which way already. |
