Hugh L. O'Haynew's
בס״ד
Posted on January 24, 2020
No time to waste, Demski!
As we go into the weekend, we have some big profits on hand, and we strongly recommend you pocket them.
First up was an XBI/XLU pairing that we wrote on December 23rd. The letter was called Antiochus Pocus and it urged you to sell the XBI March 20th 105 CALL for $1.37 and buy the XBI March 20th 115 CALL for $0.27. With those funds we suggested the purchase of the XLU March 20th 66 CALL for $1.16. Total debit on the trade was $0.06.
And today, we hit the jackpot.
Buy back the short 105 CALL for $0.44 and sell the long 66 for $2.76, and you walk away with $2.26 net on six cents spent.
That’s a phenomenal 3767% IN JUST A SINGLE MONTH!
Annualized, gives you a ridiculous 45,200%!
Second closure was from a letter called The Financial HORROR! that arrived in your inbox on January 13th. There, we recommended selling the MS April 17th 49 PUT for $1.21 and buying the MS April 17th 45 PUT for $0.52. With those funds, we recommended you buy the MS April 17th 52.50 CALL for $2.32 and sell the MS April 17th 57.50 CALL for $0.50. Total debit on the affair was $1.13.
The PUT spread is down $0.43 – buy it back. The CALL spread is up a dandy $2.64 – sell it!*
And with that you pull in $1.08 on $1.13 spent.
That’s a 95% return in 11 days.
Where else can you make money like that!?
[*Individual option prices are as follows – 49/45 PUTs are $0.59/$0.16 and 52.50/57.50 CALLs are $3.95/$1.31.]
We’re closing an effort we launched this past Monday morning!
The letter was called It Takes a Village… Idiot, and there we recommended you sell the AAPL September 18th 400 CALL for $4.60, and buy the TLT January 15th (2021) 142 CALL for $4.65. Total debit was a nickel.
And whaddaya know – today the AAPL CALL trades for $4.60 and the TLT goes for $5.60. Buy back the former, sell off the latter, and you net $0.95 on five cents expended. That’s a full-on death-to-your-enemies 1900% in four trading sessions!
We’re gone.
Eschatologically yours,
Alan B. Harvard
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