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Another One!  ETSY Delivers Ritzy 169% Haul! (ETSY)

Posted on March 26, 2021

Quick public service announcement before we close one for the big buck.

And it goes like this –

Because of the holy convocation of Passover, next week’s A Jew and His Money will not arrive on Monday.  Rather, your inbox will be graced with Hugh’s panache, wisdom and well-honed money-making sensibilities the following day, Tuesday.

And Shabbat Shalom

And as for that big buck business, it goes like this –

Our ETSY trade, the details of which can be found HERE, sees us currently holding the ETSY June 18th 200 synthetic short and holding a healthy credit of $4.75.

The short CALL sells for $22.50 and the long PUT goes for $25.25.  Buy back the former and sell off the latter and you net $7.50 on an original debit of $4.45.  That’s a slap-happy return of 169% in eleven weeks.

May the Lord, G-d of Israel protect you and yours through the trials of the Final Redemption.

Eschatologically yours,

Alan B. Harvard

 

 

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