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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: bull_dozer who wrote (166494)1/20/2021 4:08:26 PM
From: TobagoJack   of 218428
 
Re <<Did you deploy cheap puts?>>

After having a bit more time to ponder what I thought before falling asleep, I also deployed inverse-ultra-Dow to boost leverage.

The overall group of trades still remains cashflkow-positive, and so qualifies as ‘cheap’ in the sense i understand cheap, as in effective-free. I wanted to execute a positive wager on TrueGold, but could not decide on the horse and let the moment pass. I have no imperative to GetMoreGoldNow as have short puts on GLD and DRD and SA, and have physical delivery in the pipe.

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