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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 395.880.0%4:00 PM EST

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To: Julius Wong who wrote (166471)12/28/2020 10:35:40 AM
From: TobagoJack  Read Replies (2) of 218522
 
Re <<MARA>>

Not expensive enough to short, by absolute market cap, never mind P/E.
Under circumstances when we are going by flow as opposed to P/E, the absolute market cap matters.

Given macro, do not wish to buy, because i want to be net short, albeit safely.

So staying w/ program, of shorting TSLA, and initiated shorting QS, both at premium to market, whilst going long CHL at discount to market (strike-27.5)

Believe it shall remain easy to roll to higher strikes in both cases of TSLA strike-700 and QS strike-150, by extending time to expiration if necessary.

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