I was positioned good enough and sold everything but my BITO calls, locking in again of 0.65%. The stocks that are running are solar related, due to ENPH and their fucking earnings beat. The other niche running hot are small little Chinese burrito bombs with a lot of cash. You can measure this by price/cash ratio. At any rate, stocks like NEW, CXDC and others are through the roof.
This is a classic trap. If you’re not careful and find yourself sliding into one of these, you’ll be sliding out on a slab en route to your coffin.
No thanks.
For now, I’m in cash, waiting in the tall grass — taking it easy while the rest of you toil like son of s bitches. Believe me, I’m appreciative of you. But you’re son of a bitches.
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I hate betting against Le Fly but I’m sitting tight. For now.
Bought BTU Dec 13 puts and 16 calls. Equal numbers.
Jussie Smollett is a POS. Just thought I’d remind everyone-
I do my best not to think about irrelevant assholes.
Bought UNG puts.
Trimmed my longs a little and increased hedges, mostly Dec puts, 10% or so out of the money.
40% cash.
God damn. MSFT GOOGL at ATH.