Kirk's Market Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts

COHR 198.51

+0.4%

Dec 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (12890)	1/21/2022 8:27:24 PM
From: robert b furman	Read Replies (1) of 26763

My cash is at it's highest level ever. I had a huge options expiration today. I had large positions 10 different puts on stocks I sold puts on (over 16 to 18 months ago) 200 contracts (all XOM, CVX, and KMI) and they all expired to $00.00. Today eliminated a huge chunk of collateralized cash that collateralized selling those puts back in April 2020. Situated where a dip will be most advantageous, with my account needing exactly that. This economy is being drained by inflation. Fuel and food, the two necessities of life that do not go into the calculation of CPI. It is a silent killer of the ability to make discretionary purchases. It's the old: "working for a living cuz I'm taking what they're giving". There needs to be more to life than that! Jan went shopping today and came back with two comments: 1) Things are really expensive! 2) There were a lot of empty shelves. Toilet paper and paper towels were empty. Saltine crackers have been out for two weeks. Sounds like a lot of people in Wisconsin are sick with Omicron. When I felt the worst, I nibbled crackers and butter and crackers and peanut butter. This too will pass. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next