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


To: marcher who wrote (166031)12/15/2020 2:25:59 AM
From: TobagoJack3 Recommendations

Recommended By
ggersh
marcher
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  Respond to of 219795
 
maybe the trump shall do a good deed soon, and give the deep-state neo people the middle finger

rt.com

Possibility of Trump pardoning WikiLeaks’ Assange sets social media alight after rumor about decision surfaces



To: marcher who wrote (166031)12/22/2020 3:20:51 PM
From: TobagoJack  Read Replies (1) | Respond to of 219795
 
Re <<maybe drd is going ...>>

In the meantime I rolled some but not yet all underwater short DRD Feb Call strike-10 into short DRD Aug Call strike-12.5, improving my positioning, now head above water - someone had the right to take my DRD away at 10, but not any more, now the cost reset to 12.5, and

got a bit more cash additional to the original cash netted when first starting DRD campaign,

even as the opposition loses troops all along the way as most options blow up on them and drop to worthlessness.

Anyways, have put to practical use of the concept of selling time, and buy low sell high, the followup to cloud-ATM extraction phase 1 when phase 1 does not close out as hoped.



... and ...

I rolled some of my underwater short DRD January Put strike-12.5 into short DRD August Put strike-10, similarly improving my position from under to above water - someone used to be able to force me to buy DRD at 12.5, and not any more, now can only force me to buy at 10 -

and got some cash with which to buy drinks at the pool-side bar. I do not understand why counterparties never call or put to me on the stuff I do not wish to be called or put.

DRD is at 11.xx. I actually do not mind being put or called, at 12.50 and at 10.00 respectively, but if avoidable, and get paid for avoidance of undertaking, why not?

It is a free market, and a lot of goodness are free.



I believe DRD is headed back up.

Now the DRD order of battle looks so, extending from January into August, which is not a problem especially as much of the options are destined to expire worthless, or worth-less-&-less until extinguished harmless.

I am choosing to keep some underwater nearer-term short options because I believe time-decay and DRD rise shall make them harmless or easily rollable when the time nears expiration, so no need to roll in any hurry.

~50% of profit from everything gets ‘saved’ in GBTC. I consider it a tax w/ a potential refund as well as a capital gain upside. Since HK tax rate is zero for speculative gains, my mind is not troubled by the exposure, and only focused on the possible gains.

My GBTC has aggregate cost-basis of 18.70. I do not know that I would de-risk and sell 1/2 once GBTC reaches 37.40, which might be year-end, 2020. Wait and see.

The gaming of TSLA, DRD, GBTC, and physical gold has been nice for 2020.