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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.29+0.9%Dec 17 4:00 PM EST

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bull_dozer
To: bull_dozer who wrote (166494)1/4/2021 7:55:12 PM
From: TobagoJack1 Recommendation   of 218554
 
Re <<Did you deploy cheap puts?>>

Following up to this Message 33119698 essentially short QQQ / short SPY trade, that which is a part to these siliconinvestor.com , I made some way-point calibration moves, to distill the wager by ridding of bells and whistles of shorted naked calls

(1) The long QQQ Puts and long SPY Puts are doing okay first day engagement in the arena, both considerably higher than when bought last week, 9.53 to 7.12 for QQQ and 7.20 to 4.99 for SPY, good-enough for 6-days return on wager





(2) I shall give the long Puts a few more days (2 weeks?) in the battlefield and see if Team Trump rides to the pincer movement

(3) The financing legs of the trade are too small to matter, at at-best 1/4 of the cost. Much better to solely depend on Elon Musk / TSLA for negative-carry funding, and as the short QQQ / SPY calls were showing a profit, I decamped the positions without ceremony







(4) The minutia of battlescape

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