Posted on May 19, 2022
We had initially planned a bottle-cracking CocaCola trade for today, but yesterday’s action undermined it. Coke spilled seven percent on the day, and we had to open the fridge anew to quench our profit-thirst.
But before we get there, we’ve got three beauties to close.
We start with our KTB trade, whose details can be found HERE.
In brief, we’re holding a credit of $5.52 and two (2) short KTB June 17th 40 CALLs.
It’s time to close.
Buy back the CALLs for $1.30 each and you step away with $2.92 NET on an initial debit of $1.80.
And that’s 162%.
Next up is our KHC initiative, set on April 25th in a missive called Deliverance! Massive Profit Splash as Egyptians Drown in the Sea! You’ll remember that we urged you to sell the KHC May 20th 43/46 CALL spread for $1.00 and buy the KHC May 20th 44.50/43.00 PUT spread for $1.00. Net Zero Premium was the result.
Sell the PUT spread for $1.05 (5.20/4.15) and buy back the short CALL for $0.02, and you take $1.03 Net to the bank on NOTHING spent. Adjusted for minimal commissions gives you a robust 587%.
In less than a bleeding month!
Finally, we’re closing our CALM trade, which graced your inbox on April 11th.
The letter was titled Jews Leave Egypt With Riches Galore! Cal-Maine On Deck, and it urged you to sell the CALM May 20th 52.50/55.00 CALL spread for $1.10 and buy the CALM May 20th 55.00/52.50 PUT spread for $1.15. Total debit on the affair was $0.05.
Today, you can buy back the short CALL for $0.20, and we say do it.
Then sell the PUT spread for $2.00 (9.10/7.10).
When all is said and done, you mosey on out with $1.75 NET on a nickel laid out.
And that’s a very fine 3500%.
It’s a commodities investment advisory, dammit, and that’s what we’re delivering.
Now get a load of this –
Alpha Metallurgical Resources (NYSE:AMR) is a coal mining company diggin’ the dirt in Virginia and West Virginia. They’ve had a ridiculously successful run since incorporating, flying the stock from less than ten bucks a share in July 2020 to almost $180 two weeks ago.
But it’s too much.
We’ve been stalking these criminals for several months now, awaiting our entry, and yes, the time has arrived for a takedown, good Jews and Noahides.
The G-d of Israel is long-suffering, but He neither slumbers nor sleeps, and He’s awakened us today to the opportunity to cash-in handsomely from these bearers of Appalaichian char.
Here’s the nitty-gritty numbers on AMR –
Now all those numbers are dandy-good, but we don’t believe them at all.
Partly because of what we see, and partly because of THIS. Apparently an evil short-selling group has targeted the company with false accusations…
AMR, in our humble opinion, is ready for the coking plant.
Here is the chart –
Technically, the picture is thus –
Count us in!
We’re trading this sucker like it should be –
A Jew and His Gold recommends you consider setting the AMR June 17th 165 synthetic short* for a debit of $15.40 (24.50/9.10). Set a STOP buy on the shares at 165 to avoid any runaway loss.
Rationale: The short begins in-the-money by a full $12.27, and our breakeven on the trade arrives at $149.60, just $3.13 below the current price (just 2.04%).
Maximum gain on the trade is unlimited – $149.60, that is, should AMR go bust.
Maximum loss – with protective STOPs in place – is $15.40 (our initial debit).
Feel free to place the STOP lower if that figure is beyond your parameters.
And may the G-d of Abraham, Isaac and Jacob bless you and yours.
Many happy returns!