Posted on March 24, 2021
We’ve got four trades to close today for thousands of dollars in profits…
To begin, we’re closing our SEAS trade, opened just nine days ago in a letter called Grab the Porpoise by the Horns! SeaWorld’s Sinking! There, you’ll recall, we urged you to set the SEAS June 18th 55 synthetic short for a debit of $4.70.
The CALL trades for $2.70 and the PUT goes for $10.20.
Buy back the former and sell the latter, and you step away with a clean $2.80 on $4.70 spent – in just nine days!
That’s 60%. Annualized (for those with a keen interest in calculus), it’s a gain of 2433%!
Onward to our DAR initiative, launched on a week back on March 18th in Don’t Throw That Out ! – I’ll Eat It! That communiqué detailed the purchase of the July 16th 80 PUT for $11.20 and sale of the DAR July 16th 85 CALL for $4.30. Total debit was $6.90.
The CALL now trades for $2.15 and the PUT for $13.80.
Buy back the first and sell the second, and your net profit is $4.75 on $6.90 spent IN JUST SIX DAYS!
That’s a walloping 69% in less than a week (4197% for you obsessive annualizers).
Let Them Eat Vaccines: The Batflu Goes Drive-Thru arrived at your inbox exactly two weeks ago and recommended you set the MIDD June 18th 170 synthetic short for a debit of $3.00.
Things moved strongly in our favor since then, and the CALL now trades for $9.20, while the PUT goes for a fat $17.00.
Buy back the CALL and sell off the PUT and you exit the trade with a ding-batty $4.80 on $3.00 expended.
That’s a TWO WEEK take of 160% (yeah, yeah, 4160% annualized, we know…).
And that’s better than soggy fries from KFC.
Our ALB trade, the details of which can be found HERE, sees us holding one short June 110 PUT and a credit of $6.00.
The 110 PUT goes for $1.90, and we say close it down.
Buy it back and you net $4.10 on an initial debit of $4.00.
That’s a fine-and-dandy 102% gain in a very brief ten weeks.
And that beats food poisoning (courtesy the Colonel) any day.
The G-d of Israel is good. His wonders are everpresent!
His miracles are there for all believers to see.
Good Jews and Noahides…
The final redemption is oh so close.
Alan B. Harvard