Are you still short either Tesla and/or Apple?
Believe Apple is a wager for Trump, as if he should win, as still likely, Apple shall get hit sooner or later and hard. Of course should Biden win, same, but different manner of hit.
My opinion w/r to Apple is not backed up by action.
Am continuing to hot-pursuit TSLA shorts, because it appears free-money, and we like free-money. The notional value is approaching 2X of my NAV. Long range artillery operation in terms of distance to strike price. Yes, have both short call strike-640 November as well as long call strike-640 March. The short strike 640 is order of magnitude larger than long call strike-640.
Am doing a bit of rear-guard action on DRD, believing its drop is gold-wobble that would be quickly-enough fixed by either Team USA Red or Blue as decided between Nov 3 to Jan 3, and hopefully we know sooner rather than later. Notional value unsure, but real value ~20% of my brokerage a/c, which is around 1/5 of my NAV. This battle front does not involve free money. Every cent would be hard-earned, I deem. The order of battle and deployment may seem confusing at this time, typical of melee situation during house-to-house close quarters fight.
I do have a wager on the Trump winning, in the form of NAK (red shading = short, green = long). It is a fun position that should make money irrespective of win by Biden or Trump. Only magnitude on the line, I believe, and way to value different.
Essentially a crash would suit me better than a ramp, whereas a slow ramp would be helpful so that I might short more before expirations, or soonest afterwards.
Sharp fast ramp would be scary.
Am told that Biden bad for stocks, and Trump good for same. Am agnostic because I do not want to be wrong.
I do not mind bad stuff happen to stuff I am short, and not hit stuff am long.
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