Made The Deal With The Devil

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GGjr's Blog
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Contributor Since 2012

Most of the good $$ stuff is happening over here now:

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https://seekingalpha.com/user/50421709/instablogs

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But I will update this one as fun things happen.

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FOR SOME REASON KNOWN ONLY TO THEM, SA HAS DECIDED TO CATEGORIZE SOME OF MY BLOG POSTS AS "STOCKTALKS" ON A RANDOM BASIS RATHER THAN JUST LIST THEM ALL IN THE BLOG AREA. WHAT I WANT THEM TO DO (LIST THEM ALL UNDER THE "BLOG" HEADING BY DATE) APPEARS TO BE IRRELEVANT. SO IF YOU WERE LOOKING FOR SOMETHING TO MAKE SENSE - IE BE IN ORDER - GOOD LUCK TO YOU. (rant over)

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Let's trade trade trade, and then trade some more! Love the ladies on FOX business, and Fidelity loves me. OK, well Trish does anyway, some of those other people there maybe not so much. I think that's enough. No book, No paid articles, No premium content, No company, just my own personal hedge fund - dammit. I'm such a failure. 

In case you don't GROK "GGjr" - that's Gordon Gekko Jr. A reflection of my net worth being several decimal points to the right of his...

In case you haven't figured it out YRMV = Your Returns May Vary..


Summary

  • Sigh.
  • oh well.
  • I hear it's warm there, like the Caribbean!?

I met this guy the other day when the Dow was -700 or so....

And some $ fell out of his pocket as he walked off with the contract for my worthless soul..... good thing we both like the same music I guess..........

I now have a fat equity cushion so that I SHOULD never get "that call" again. I also found a nice straddle with part of the $ left after that cushion was in place to cover the bills due over the next 2 weeks, and if I can just do it again on the 20th, start making a dent in some of the dangling balances. In case you're feeling brave, (that's you agent K!) here's the CLF straddle:

net premium credits after commissions was $5,052.05 with a holdback of $28,112.50 for a yield of +17.97% for 8 days. 

Everything else this week ought to expire.. We will have to see where I end up Saturday. Lots of stuff on tap for 4/20, I'll update that later.

Happy trading.

YRMV

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