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


To: sense who wrote (172052)5/21/2021 4:41:27 PM
From: TobagoJack  Respond to of 219523
 
Re <<transitory>> slaughter-fest coming up, one that can last one trading session or several years, besides taking on some bipolar bitpossiblynotgold and ethereal ethereum Message 33329381 albeit both at lower cost basis than would have been had i not stepped out of the way at second or third signs of trouble for just a short moment

Between the finance accounts in this universe, and the crypto accounts of the metaverse, I now have more ethereum than bitcoin, because if Casper should do poorly due to success of Ethereum, I need to be engaged with Ethereum as I cannot trade Casper until around next March / April.

I might not go full-strength back in BTC and ETH because tranquil sleep is important. Should the chips go on sale by another 50% discount I might change mind.

I cannot effectively hedge Casper except by noting the position at zero worth, because the position is simply too large at current transaction prices that is ~33X of cost.

I did something about true gold and about real-enough gold my early morning. In the case of DRD am more sincere to add, so shorted in-the-money puts for July and out-of-the-money puts for November. DRD options are not that popular / liquid, so must do in slices, and do long duration and fill the pipeline such that there are always longest duration options in play.

whereas am being more demure about BTG, and SA.

I rolled GLD puts early because the closed June position was too profitable already so best to open up July front.