| | | I feel, strongly, that quite some number of souls are accumulating DRD, for the Force is too strong otherwise
Am beginning to trade around the Core, firstly by carefully not selling or otherwise obligating the Core, but
By adding still more DRD and shorting covered calls against all new accumulations, happy to book any interim profit by capital gains and / or premium, and let the Core ride, and am happy to trade out of the calls as and when and if
Bought DRD at 15.83 (i think the tradable float of DRD is very small, and so its pricing is giggly)
Sold August / November strike 17.5 calls at 1.05 / 2.20,
for 17-24% max gain, and
14.78 - 13.63 breakeven cost basis.
I shall note be shaken off, I shall not be ... ohmmmmmnnnn
I have no clue what DRD is worth, and that is wonderful.
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