Soon I Might Be Able To Afford To Buy A Box Of Hollowpoints
Seeking Alpha Analyst Since 2019
Yes, I'm really GGjr. ( old blog here: https://seekingalpha.com/user/5088811/instablogs )
Taking things to the next level as Biden takes the country down the drain as fast as he can. It (the USA) was nice while lasted.
Welcome to the USSR.
Summary
- There's no ammo anywhere.
- November 3rd's just around the corner.
- Sh*t's about to get real.
- SWBI in the crapper anyway?
WEEK 2 (9/8 to 9/11) UPDATE:
Let's redo the profit calcs since I added to the position this past week and rolled the calls down.
Original:
Reminder - Trades Week 1:
= $114,490.30 + $53,670.12 = $168,160.42
Now after roll downs and additional positions opened the holdback has increased:
So $168,160.42 / $183,242.71 = 91.76% / 2 weeks = 45.88%/week or for 3 weeks = 30.58%/week.
AAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!
It was 124.04% for 3 weeks on the original investment before I got all fancy and fiddled, and this week there probably won't be anything to do there since I've already rolled the Calls down..
Sigh.
Looking at the options page I ought to be able to get at least ~$2.00 average on both sides selling the $17.50C/$17.50P 10/16 straddle next week though, or 420 puts and 320 calls (don't ask, a fat finger trade in there messed me up and 100 of the calls are already on October 16) X $1.70 = ~$148,800 or so for month 2.
And $148,800 / $183,242.71 = ~80.76%/4 weeks = 20.19%/week.
Hmmmmm - So every month I do this trade the net % return on an annualized basis will go down slightly.
At this rate I might be down to a paltry ~1,000% REALIZED INCOME CASH FLOW for the year by next September.
Why do I even bother getting out of bed?
YRMV
Analyst's Disclosure: I am/we are long EVERYTHING.
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