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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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To: bull_dozer who wrote (166494)3/3/2021 12:10:55 PM
From: TobagoJack   of 218553
 
Re <<Did you deploy cheap puts?>>

Yes, because no time left for hesitation, I fear, and only actions can do, I reckon.

Executed first of 1 of 10-11 tranches of anti-bubble cocktail constituted per below blending:

- Long 2 parts Puts divided evenly of May and April flavors,

- Long 1 part Calls just in case there is still ummmmnnnph in the Nasdaq bubble of all bubbles led by five stocks rolling over

- Short 1 part (in share count terms) of QQQ

Going forward shall use the funding resulting from the QQQ short to buy more of the Puts, and if necessary, calls.

I figure I can recover most if not all of the money spent on Puts and Calls by doing very little between now and the respective expirations even if I do not make money on the options. The beast is indubitably rolling over by look of simplest ocular inspection.

Should I make money on the blended deployment, likely would mean everything else cratered, including gold and silver and crypto and and and ...

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