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Takin Care Of Bizness

Sep. 18, 2020 4:23 PM ETChevron Corporation (CVX), F, INO, LABU, MU, RAD, TSNSRNEQ
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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

  • The last expiration date where the goal is to make $.
  • No more new positions opened after today.
  • WTF? I know - right?
  • Starting next week with the 9/25 expiration date, the countdown to the election begins.

Click here for the soundtrack for this blog post. Just for full disclosure and to date myself, the band I was in back in college played this song when it was a 'hit'. Yes, that is how old I am. Sigh.

When old as dirt you are much time on your hands you will have | Make a Meme

So what am I talking about in the bullet points?

With only 6 expirations left until the election, it's time to 'hedge'. I've made enough $ this month in premiums generated to carry me till December, so the plan for the next 6 weeks is to trade with the goal to have as many positions expire as can be arranged between now and then without actually buying any of them back.

What expired today:

and that's a start!

Today's trades: (RAD, CVX, MU, INO, LABU, SRNE, TSN, F)

The setup for 9/25:

Some of them might even expire!

YRMV

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

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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