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.
- 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.
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.
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..
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?
Analyst's Disclosure: I am/we are long EVERYTHING.
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