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

To: Follies who wrote (166705)	1/4/2021 2:59:52 PM
From: TobagoJack	Respond to of 217818

Re <<Bitcoin / gold ratio matches high set at the end of 2017. DRD hits 13>> (1) Sold some GBTC at higher than Friday close (because GBTC trades at premium to spot). Daughter wanted to pull trigger on her future 5 years, and I wanted to be in better position to double-down should the opportunity arise. (2) Rolled a bunch of naked-short-TSLA-Calls from nearer to further expirations, at higher strike-prices, and extracted cash, thus increased commitment to short-TSLA even as I reduced risk. (3) Partially closed / sold long-TSLA-Calls to recognize profit and reduce risk. (4) Rolled a bunch of short-DRD-Puts from nearer to further expirations, at same as well as at lower strike-prices, and extracted cash. (5) Closed-out the naked-short-QQQ-&-SPY-Calls which were used at the time to partially finance the long-QQQ-&-SPY-Puts. Maintaining long-QQQ-&-SPY-Puts positions. (6) Shorted SBSW July Covered-Calls strike-20, although I have little intention to deliver my shares, because they are my shares :0) More details in the morning. In the meantime the option trades (bid/ask) disappeared from CHL (China Mobile), and as I am short the March 27.5 Puts, am wondering whether I would be putted even if the Puts in the money, as the shares cannot transact - i.e. does that mean I keep free-money? We shall see. I am prepared to take in CHL and convert the ADR into HK-traded shares. I like CHL a lot and want it, at $47 per customer and 7% dividend rate.

To: Follies who wrote (166705)	1/4/2021 6:58:36 PM
From: TobagoJack	Respond to of 217818

Re <<DRD hits 13>> (1) Having originally whenever gone short DRD Jan 15th '21 Put Strike-12.5 at premium of $1.94 and closed-out at 0.5457667 , I did below ... (1-i) Rolled 1/3 of the troops to position short DRD Aug 20th '21 Put Strike-10 for extra cash of $0.77 (i.e. 1.32 - 0.5457) per share, thus sold time against lowering of obligation and seems a fair trade I did not think anyone was going to be able to put to me DRD at 12.5, and now proven correct, and am following up w/ bet that no one shall put to me DRD at 10 Shall keep the cash as cash for awhile, until something happens, which could be a matter of days. (1-ii) Rolled 1/3 of the troops to position short DRD May 21st '21 Strike-10 for more extra cash of $0.32 (i.e. 0.8658 - 0.5457) per share, ditto above (1-i) logic, but w/ shortened time to realisation (1-iii) Rolled 1/3 of the troops to position short DRD Feb 19th '21 Put Strike 12.5 where I already have massive concentration of troops, for $0.49 (i.e. 1.0309 - 0.5457) per share, keeping same commitment of strike-12.5 but still taking cash off of the bet ... and so, by (1-i) - (1-iii) I am having fun, pocketing money, lowering overall risk, and lowering cost-basis of my DRD. All good. (2) Below be the minutia (2-i) The Short DRD Jan 15th '21 Put Strike 12.5 position before the attack (am leaving alone the Put positions of February onward to allow time-decay to work magic of compounded decay, the 9th wonder of civilisation) ... (2-ii) The attack ... (2-iii) The side position w/r to Platinum, Palladium and Rhodium, selling covered-calls against inventory of SBSW (3) The tally of metals for the January expiration campaign of the DRD war