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

To: Julius Wong who wrote (166471)	12/28/2020 10:35:40 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218553

Re <<MARA>> Not expensive enough to short, by absolute market cap, never mind P/E. Under circumstances when we are going by flow as opposed to P/E, the absolute market cap matters. Given macro, do not wish to buy, because i want to be net short, albeit safely. So staying w/ program, of shorting TSLA, and initiated shorting QS, both at premium to market, whilst going long CHL at discount to market (strike-27.5) Believe it shall remain easy to roll to higher strikes in both cases of TSLA strike-700 and QS strike-150, by extending time to expiration if necessary.

To: Julius Wong who wrote (166471)	12/28/2020 9:37:10 PM
From: TobagoJack	Respond to of 218553

folks may be too sure of themselves and provided for no cover setting up for surprise, and surprises are rarely good bloomberg.com Bearish Dollar Bets Near Decade High as 2020 Draws to an End Cormac Mullen Speculative traders are ending the year doubling down on their bets against the dollar. Net short non-commercial positions in futures linked to the ICE U.S. Dollar Index have surged to the most since March 2011, according to the latest Commodity Futures Trading Commission data. The gauge of the U.S. currency has fallen over 6% this year as investors turned against the greenback amid unprecedented monetary easing from the Federal Reserve and a move away from haven assets. “Hedge funds are spoilt for choice when looking for reasons to be short the dollar,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. “We have a Fed that is committed to a paradigm shift in its policy that materially lowers the risk of policy normalization, and a rapidly widening twin deficit makes it easier for short dollar bets.” A combination of negative U.S. real yields, extended valuations across American assets and a current account deficit that requires dollar depreciation to finance will likely weigh on the currency into next year, strategists at Goldman Sachs Asset Management wrote in a recent note. “We see depreciation in the dollar continuing into 2021,” the Goldman team said. “Liquidity dynamics and virus news flow may influence the timing of dollar weakness, but not necessarily the medium-term downtrend.” Before it's here, it's on the Bloomberg Terminal. LEARN MORE

To: Julius Wong who wrote (166471)	12/28/2020 10:10:25 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218553

Re <<Bitcoin>> THE MSM still pondering "why?" when the simplest thing to do is "let us not overthink this" and know btc went up because there are more buyers than sellers. It isn't as if folks can talk P/E, quarterly report, R&D and such. The issue, of course, is "who has been and are buying, and are they done buying, or are others tee-ed up to buy more." If BTC is a weapon, then is there such a thing as "done buying weapons" when war coming? barrons.com Bitcoin Just Jumped. It’s Near a Record High. By Jacob Sonenshine Dec. 28, 2020 3:52 pm ET Bitcoin is up more than 450% this year.Dreamstime Bitcoin has been surging again, leaving it close to its record high. The cryptocurrency rose more than 17% to a record level of $28,220 between 4 p.m. on Friday and late morning on the East Coast on Sunday. The gains have moderated since then, but the price is still far above the level on Friday afternoon. At mid-afternoon on Monday, it was just 3.8% below its high. It isn’t entirely clear why Bitcoin took off, but the price has been moving in line with those of riskier assets. That means that when investors are willing to take more risk for higher returns, they’ll buy up Bitcoin. Bitcoin hit bottom for the year on March 12, less than two weeks before the global stock market reached its low as the pandemic set in. Since then, Bitcoin is up more than 450%, while the S&P 500 has risen 67% from the low point it reached on March 23. Since mid March, the U.S. Dollar Index (DXY), a proxy for interest in safe, dollar-denominated assets among international investors, has fallen 12% as the global economy has recovered. In mid March, the Federal Reserve said it would provide as much monetary stimulus as needed for the U.S. economy, which lowered interest rates and led to expectations they would remain at rock bottom. Yields on long-term Treasury bonds are now below the expected rate of inflation, reducing interest in that debt, as well as in the dollars needed to buy it. Investors have moved into riskier assets, including Bitcoin, in search of higher returns. Since the stock-market close on Dec. 22, the date that marked the end of a brief pause in the stock rally, the S&P 500 is up a tenth of a percent. Treasury prices are down since then, with the 10-year Treasury yield up to 0.94% from 0.92%. The Dollar Index is down 0.3%. Buying Bitcoin on its fundamentals isn’t a sure bet. One thing that has been for sure: When the market environment sets up for gains in riskier assets, Bitcoin can be a nice trade. Write to Jacob Sonenshine at jacob.sonenshine@barrons.com

To: Julius Wong who wrote (166471)	12/29/2020 10:32:36 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218553

What TSLA was shorted here Message 33112134 at 4.93 was just bought back at 1.16, a decent return for a day without drama Am wandering if I ought to do another round before expiration Thursday, to top-up 2020. The plan is to have all the options, every single one, blow up on counter parties so that the gene pool of investors is continuously improved

To: Julius Wong who wrote (166471)	12/29/2020 11:01:42 AM
From: TobagoJack	Respond to of 218553

Not sated as there be still a few days to go in 2020, decided to go for another round of 31st December expiration short TSLA Calls strike-675, for 5.50 per share. Of course 675 is dangerously close to 661 but am counting on TSLA to be below 675 54-hours from now, and failing that can always roll the position to 19th February expiration strike-1,000 In anticipation of TSLA to remain at less than 1,000 on 19th February, I shorted TSLA Calls strike-1,000 Did not buy anything this night, at least not yet. Perhaps shall buy some physical gold this time around and take the gains off of the table, instead of rolling rolling rolling Akin to broad daylight money heist, followed by clean getaway, thanks to the Fed