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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (160460)7/22/2020 7:03:26 PM
From: TobagoJack  Read Replies (1) | Respond to of 217868
 
Re <<roar tomorrow ... Hoping you are bailed out of your TSLA shorts >>

The only shorts I had were shorted puts and shorted calls Message 32847365 , and the shorted calls are for strike 2,400 expiration 31st July, and to make doubly sure TSLA reaching that tag before 31st July does no harm, I did one after-hours trade and am now long TSLA.

Tomorrow I should be able to (i) harvest the shorted puts expiration July 31st, and (ii) allow the shorted puts expiration 24th (Friday) to blowup my counter-party

And depending on the fever, allow the shorted expiration 31st July Call 2,400 to again go naked by selling my after-hour acquired TSLA longs.

So far every closed battle a money-maker. Bumper crop. The game is a game, and beats Macau.

By the crowds bidding TSLA to a higher ledge makes for even better gaming going forward, every week, week after week, until not.

Again, I believe I know where TSLA will end up, eventually, but remain agnostic on timing. Am hoping the best for Elon and TSLA in the meantime :0)

I appreciate the fellow who bought TSLA calls strike 3500. He is doing the greater-good work.

One decision to ponder before tomorrow market close, “what strike-price put to short for expiration 31st July series?”

In the meantime I see gold is up in USA market whilst I was doing whatever on the TSLA front. Given such 1,900 might be hit Asia trading hour, and fall back by the time London closes and NY opens again, meaning I ought to be able to sell 2840.HK in HK, buy GBS in London, and sell GLD in NY, if so dictated, and keep doing it until they all hit the same highs; a working theory.

For many, the volatility is a risk; to me, volatility is a friend.

Re <<luck and skill>> ... yes, both good. Being able to read tomorrow’s WSJ today is best :0)






To: carranza2 who wrote (160460)7/23/2020 12:02:10 AM
From: TobagoJack  Respond to of 217868
 
Thank goodness for TSLA and Au

Just look at the Bloomberg home page bloomberg.com says it all

Find the good news

People like good news

Bought more 2840.HK as HK gold appears to be looking for leadership as opposed to taking the lead. It happens.



finance.yahoo.com




To: carranza2 who wrote (160460)7/23/2020 4:33:06 PM
From: TobagoJack  Read Replies (1) | Respond to of 217868
 
Scary day re TSLA, for had I not been decisive and early would have ended up a horrible day, but as it was, profitable trading day even as the inventory of shares held went down a bit. Overall good due to sizing - shares held to Call options traded around 1 to 5 to 1 to 2, depending on expiration.

Unsure of what be immediately ahead for TSLA and so went inventory-lite, w/o overnight open option positions. Only what inventory was bought yesterday, and should have opportunity to write calls when opportune, due precisely to volatility. The market is nearing need to plunge-protection.

However, am not at all sure what TSLA would do tomorrow, option expiration day, because the issue appears to be more about the general market and less to do w/ TSLA. If I have to guess, I guess tomorrow to be a down day due to market-wide issues.

Gold still good. Gold shares not reacting, appearing topped out in the interim. Gold shares have not decoupled / untethered from general equities market. Sold paper gold at profit, and closed out all HMY positions also at profit.