53 replies to this topic

[tria]

Sold last 1/3rd of SIK16 @ 16.17

 

The 3/23 Silver Dec $16.00 Calls against Dec $14.00 naked Puts are at/in the money now and will be kept for a long time.

[tria]

A  GDX down - up sequence, is all I ask in order to dust off the old DUST copybook and write some long ST/MT enties.

Time-wise Thursday looks good.

Price-wise $23.00-23.50 looks good too.

 

Long-Term traders, pls ignore me and my trading acrobarics.

One day we shall overcome the 80% or so GDX drop.

[tria]

 

Looking good but wont visit the 1300level? 

that doesnt seem that good...

 

Looking good = should not fall and probably rises to about 1,250-1,260

IMO will not visit the 1,300 level this half of the cemester but in the next one, I think.

This is why I trade Dougie and don't like watching the absurdist play by Samuel Beckett, 'Waiting for Godot'

3rd of a (3rd) of a III don't come easy and not very often in our life time...

 

If, as I think you are, interested in the GDX, 23.00-23.50 probably is all she wrote in the first 1/2 of 2016.

If wrong in what I write, I'll be pleasantly surprised since apart from my futures trading positions, I do carry

Dec17 , strike 1,260 long Gold calls, against 1,175 & 1,150 naked puts, as I posted here last month

in real time.

 

 

"IMO will not visit the 1,300 level this half of the cemester but in the next one, I think".

 

cemester = semester and not cemetery 

[dharma]

tria, we have different styles, but i appreciate reading your thinking.  it helps me to examine my thinking. i do think may/june period could see a run to a new price range. , as always we shall see

keep hitting the ball out of the park. good work

dharma

[tria]

tria, we have different styles, but i appreciate reading your thinking.  it helps me to examine my thinking. i do think may/june period could see a run to a new price range. , as always we shall see

keep hitting the ball out of the park. good work

dharma

 

May Dharma, the month that is, scares me to death and i am planning to face it only 100% long with

the options and not leveraged, unless I change my present view.

Edited by tria, 12 April 2016 - 10:17 AM.

[tria]

Aptil 14 and or April 28, mark them in your calendar.

Shoud prove to be a ST or even a MT top.

If they change I will say so promptly, have the courage or humility to say so.

 

It has to do with the GLD opex dates.

GLD Calls 54,211 -  Puts 6,092 yesterday.

Who is bying those calls and who is selling them ?

Edited by tria, 12 April 2016 - 11:36 AM.

[dharma]

interesting i have the 15th and the 26th

dharma

[tria]

interesting i have the 15th and the 26th

dharma

 

Still and good enough for (Greek-radical Syriza) Government work. 

[tria]

Well, the GDX 23.00 was slightly penetrated today.

Hope the 23.50 or thereabouts will be seen by Thursday's close where some DUST

below $2.00 may interest me for just a ST trade.

Edited by tria, 12 April 2016 - 03:52 PM.

[tria]

The "all I ask for" wish for a GDX down-up sequence to conclude for now the ST/MT rise came on time

today, that is the first part of the sequence. Hope the second part, the 'up' part is observed next and ideally

by tomorrow. Wait for me, my DUSTy friend.

Edited by tria, 13 April 2016 - 05:37 AM.