Re <<Aluminum>>
(1) During the night I sold to close my paper positions of platinum, palladium, oil (XOM calls 2024 Jan strike 100), and
(2) closed March DRD short puts, and March GLD short puts.
(3) Think the shorter term trades shall take respite and possibly reverse, especially in the case of oil as the folks must ponder US oil policy and strategic reserve modulation, and await to see if a deal w/ Iran can be closed irrespective of Israeli-Saudi stance.
(4) Added (doubled) long Puts SPY June 350. Believe USD-led equity markets might escape by ducking real war in Europe, or work around FED 0.25 hike in March and June, but only one accident would hiccup the scene and make mess.
(5) Normally one is not allowed to trade geopolitics , but in the case of RUSAL (Russian Aluminium), shall ponder severely de-risked 0486.HK, that which is certainly Russian, but primary traded in capitalist HK, as opposed to NYC, London, Frankfurt, or Zurich.
(6) Any trade would be not-politic and cancellation-risky, as it was always rumoured to be ... well, never mind, shall revert soonest w/ some numeric details, and colour
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