Rolling into this weeks option expiry my head was already harnessed into a guillotine, awaiting an execution of invested capital. However, as a penance for the gifts bestowed upon me, I had to prove myself worthy of riches by listening to the bullshit of internet queers who belong not in the arena of capital management. Trying to manage a comments section of monkeys throwing feces at one another while mercilessly beating-off their Zecco accounts into oblivion on some OTM calls was not an easy task. Thankfully, the sun is shining a little brighter on me today.
Slowly but surely, positions destined for the boneyard of blown out options are being given the gift of a second chance as stocks like $TWLO, $DDD, $BIDU, $CTRP, $ADSK, and $WDAY are recovering premium at a rampant rate. It just so happens that 60-70% of positions across all my accounts are up more than 2% on such an average day. For this, I give thanks.
While a portion of you sit there in a shit-stained chair immersed in spite and rooting for me to lose, the Gods are doing their part to prevent this.
In part, I am hopeful that $SNAP doesn’t follow this trend. Should it work, many of you will be given a similar gift of second chance. While I root for most of you to win, I’m torn here against the many I hope will lose. Letting your true colors shine in the midst of adversity clearly shows why you are in the position you are in, and quite frankly don’t belong.
In the spirit of Easter, let’s be thankful for the resurrection of premium and be of good cheer.
Oh, and “fuck you” to the rest of you.