Just checked and now following up Message 33325857 <<I have re-upped commitment to gold last night by shorting more DRD - I do not remember quite what I did, shall check>>
... I meant to say shorting DRD puts, big difference to shorting DRD ;0/ I cannot picture myself shorting DRD.
So, am now stance-d on a bunch of DRDs, and a bunch more of shorted DRD puts, strike-10s May 21 (closed a bunch along the way) and strike-10s August 20th (at peak open interest accumulated along the way) expirations, and added strike-12.5s June 21st (might add more but let's see - need more DRDs). Often more than 50% of all the near- / at-money DRD puts outstanding got my signature on it, and I can attest that each and every time I transact, I acutely sense the guy(s) on the other side of the screen(s). We have developed a give and take relationship, for the greater-good. One cannot easily trade / buy DRD options. One can sell / write the options and hold to very near / to maturity.
Am content to watch what remains of my May expirations blow up on my counterparty. Had been rolling into August and now June short Puts.
Oh, and a small detail, exited ~50% of all crypto (except locked up CSPR) BTC and ETH ETFs, and 100% of COIN short puts.
Must save some profit from BTC wager made and exited and reengaged since last year. There come a time to be cautious, and reduce position to sleeping-point.
The issue is what Elon might have tee-ed up, a possible bum-rushing of the ultra-longs (MSTR, etc) and the earlier enthusiastic paused. Public companies using BTC as treasury reserve might or might not be brilliant, but CEOs and Boards would be liable for outrageous losses and ... well ... we shall see.
Shall re-engage as and when and if, to original tranche size, should a god-awful crushing debacle of a bum-rush ensue.
CSPR is the ticket. I am adding to CSPR as it falls.
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