17 replies to this topic

[tria]

Curious Tria
Aren't you paying for some volatility here?

Don't understand you Dougie or vive versa.

I PAID a premium for BUYING CALLS.
I WAS PAID a premium for SELLIND PUTS.

Net result, zero, I did not pay anything apart from using margin funds.
The bigger the volatility on the upside the better for me.
The bigger the volatility on the downside the worst for me.

Have I misunderstood you? If so explain pls.

On another note, the Gold consolidation should be short lived and still looking for a mid Sept high. Then it should drops in sympathy to the possibly crashing stk mkts and margin calls issued all around the world.

-tria

[crossd]

Be very carfeul between 9/12 and 9/28.
So say the Greek shepards and the bird watchers amongst others.
You may or may not take this seriously, your choise and as well as mine.
The US stk mkt and others stk mkts may be more affected than other tradable mkts.

I think I will sell a mid Sept Gold high and buy back an end Sept low, (subject to change at any time), obviously.

This is the plan formulated 05:15 London time and now after another sleepless night, breakfast and then a visit to a hospital for a check up. Something I feel is wrong with me, can't sleep properly more than 6 hourss.

-tria

..worth noting that Felix Zulauf was the featured interview in Barrons this week(Aug 31 issue)..he is international currency and metals guru and is on Barrons RoundTable twice a year..

..he says China has devalued 10% but 30% will be the total when all is done..this will reek havoc on global economies..
..gold can get to about 1300..thats all...

SPX will make a new low..

also for timers..major Bradley turn date for 2015 coming are 10/9...and 11/18..

donc

[tria]

Be very carfeul between 9/12 and 9/28.
So say the Greek shepards and the bird watchers amongst others.
You may or may not take this seriously, your choise and as well as mine.
The US stk mkt and others stk mkts may be more affected than other tradable mkts.

I think I will sell a mid Sept Gold high and buy back an end Sept low, (subject to change at any time), obviously.

This is the plan formulated 05:15 London time and now after another sleepless night, breakfast and then a visit to a hospital for a check up. Something I feel is wrong with me, can't sleep properly more than 6 hourss.

-tria

..worth noting that Felix Zulauf was the featured interview in Barrons this week(Aug 31 issue)..he is international currency and metals guru and is on Barrons RoundTable twice a year..

..he says China has devalued 10% but 30% will be the total when all is done..this will reek havoc on global economies..
..gold can get to about 1300..thats all...

SPX will make a new low..

also for timers..major Bradley turn date for 2015 coming are 10/9...and 11/18..

donc

Donc,

Davalue or die.
Print more or die.
Raise interest rates soon and you die twice.
The problem is you only live once.
Everybody wants to export and import less, Greece included.
But to whom? Maybe to the African Continent.

-tria

[tria]

A few more days of sideways to slightly down action should do it, near term. Unfortunately I will be out of touch for the next 3 -4 important days at least, and no posts will be forthcoming. Too much fishing and sunbathing has caused me a tiny melanoma in my left arm that needs to be investigated further. Good trading to all, -tria

Edited by tria, 01 September 2015 - 02:44 PM.

[dougie]

Curious Tria
Aren't you paying for some volatility here?

Don't understand you Dougie or vive versa.

I PAID a premium for BUYING CALLS.
I WAS PAID a premium for SELLIND PUTS.

Net result, zero, I did not pay anything apart from using margin funds.
The bigger the volatility on the upside the better for me.
The bigger the volatility on the downside the worst for me.

Have I misunderstood you? If so explain pls.

On another note, the Gold consolidation should be short lived and still looking for a mid Sept high. Then it should drops in sympathy to the possibly crashing stk mkts and margin calls issued all around the world.

-tria

Thanks

[AChartist]

Funny the gold coins are at my average price again around 1225. $90 premium. I have some around

1250 and two certified paid higher, most at 1225 and less. I shouldn't have bought the certified but at least

they are called collectibles not money and werent alot more than common at the time.


Surge in premium can lead the NY paper.


They have some good prices on Austrian silver. I've been getting those. $2 less per coin but still $18 a coin.

Its really thin out there to find supply.


This guy Bill Holter talks sense.

[tria]

Well during my short absence the GDXJ options were filled. -tria

[tria]

October Silver futures are in a small backwardation to the September ones. Entering again a small trading positions in both @ 1,117 & @ $14.51 having sold previously higher. DYODD -tria

Edited by tria, 04 September 2015 - 08:19 AM.