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

To: carranza2 who wrote (165901)	12/8/2020 4:26:13 PM
From: TobagoJack	1 Recommendation Recommended By marcher Respond to of 219447

Follow-up to DRD battle front, successfully rolled the DRD Put December 18th Strike-12.5 position forward to January and February, same strikes, and net net got more cash out of the counterparties, and cash is always good, from the first raid, and rolling forward, just selling time for cash, to continue to get DRD average cost down and down and down again. There remains some minor DRD positions expiring 18th December, and may just let them fend for themselves, given that most of the troops rolled forward, and winning. Shall be able to do same w/ TSLA is necessary, as I have short Call December 11th strike-700s position, even as matched by long Call March strike-650 and 700. Shall leave the situation until last day (coming Friday), and then do watch & brief on December 18th expiration (coming Friday a week later). And on and on. The campaigns are usually multi-domain (put / call), multi-time (now, later, later-still), multi-direction (long / short) and multi-strikes I do not understand why my counterparties buy what I dish out, and sell me what I wish to buy, and can only imagine they are buying portfolio insurance given they have month-to-month mark-to-market duties and I do not. Too much fun does begin to describe the situation. Am now in effect hedged-short TSLA options to fund zero-cost basis GBTC, and short DRD options to lower DRD cost to asymptotic zero. The Jack (10) over dinner responded to my question, “what is the most important skill to get right?” “Logic” I never ever said such to him. I was figuring him to say math, science, reading, or some such. He is happy he is able to beat the Beth Harmon chess bot (chess.com) of age 9, though notes, “she is improving fast, and can no longer be bum rushed into bungling”. The Beth Harmon bots are offered at different ages (ranks) and the Jack wants to beat her. Try. In current events readings, he noted that MSM reports that Team Britain sending aircraft carrier Elizabeth to Japan to show China China China the flag, but ZeroHedge reports that the sister ship Prince of Wales is knocked out for at least 6-months due to engine compartment flooding, and wondering if Team Britain can afford to lose a carrier to rocketry. All options are short positions, and shorted calls are covered calls. The DRD equity holding is what am willing to hold until gold at 30,000, and BTC at 1,000,000

To: carranza2 who wrote (165901)	12/9/2020 1:45:43 PM
From: TobagoJack	1 Recommendation Recommended By frankl Read Replies (1) \| Respond to of 219447

Continued to detail / roll shorted Call and Put options expiration 18th December, those that are in-the-money and a danger to me, and leaving alone those that should expire worthless on my counterparties, the aggregate of which we know as cloud-ATM. (1) Have completed the roll which I started yesterday, by which I now have successfully avoided being Put DRD on 18th December at 12.50, extracted cash, and moved on forward. Shall hopefully be able to keep rolling-rolling-rolling along, keep extracting cloud-ATM cash, until one fine day either the Put danger is no longer imminent, or that the DRD in my inventory is completely @ cost-basis -0- / zero, and I need to average-cost up :0) Whilst I do not mind being put at 12.5, but why bother when the bother can be put off another roll? (2) Same again on the shorted Call side, that I have successfully avoided being Call DRD on 18th December at 10, extracted cash, and moved on forward. I do actually mind parting w/ my DRD at 10, because it is too cheap in view of the amount of fiat dilution the CBS must do, and therefore I refuse to do it. I aim to never do it until DRD call plays are completely exhausted of juice and the shares to be called away are @ deeply negative cost-basis, and (3) As of now, the open interest of my shorted DRD options still to be expired on 18th December should blow up on my counterparties worthless, also serving to lower my DRD cost basis. This (1), (2), and (3) protocol ought to be illegal, but my counterparties seem to like to continue to play, keep giving me cash, for a promised rolled, rolled once more, rolled thrice again, hopefully never to be fulfilled, until I need the capacity somewhere else. Wonderful what high volatility allows one to get away with, to sell time and time is always on one’s side, is free, with willing buyers. What is currently deployed as order of battle is lots of the same, armies busy looting, engineers busy cloud-ATM mining, and willing counterparties keep getting [_adjective_choice_] I do not get it, but aim to find out the ‘why’.