Posted by deer79
@ 14:42 on March 11, 2020
Richard 640. Nibbled on a few of the GDX Jan15 2021 30 calls for 2.17. Will try to add a few more.
Posted by Richard640
@ 14:36 on March 11, 2020
the VXX I flagged 3/4 weeks ago on this forum-then VXX was 13.50–14 smackers….it’s $39 now and was $41 a few days ago
Posted by Richard640
@ 14:17 on March 11, 2020
From a Wollie poster=
Unless it is the Wednesday before options expiration.
This WWW has the fattest put premiums I’ve seen since December of 2018.
Thus the volatility. Market makers are selling further out puts and lovin it. The bid ask spread is huge.
Gonna be a payday like seldom seen before.
In 30 days covid 19 will be dwindling, theta will be diminishing and we’ll be through the oil/gas shoulder season. May driving season will be upon us, and the world will be frantically trying to catch up from supply chain imbalances.
Volatility will decline and a one month of earnings interruption will be minimized by robust forward guidance due to the starved supply channels.
Lowest historical interest rates ever, will surge a debt refinance wave.
Relax, recognise hype when you hear it, pass the sugar please.
Posted by Mr.Copper
@ 13:50 on March 11, 2020
I’m not sure what you mean, or what point you are trying to make re auto safety.
In my opinion and observations, the 1950s especially, were the safest, and also into the 1960s. In the sixties though, uni-body starting, with so many muscle cars on the road with teenagers with little experience drag racing did have a lot of accidents.
I once traded a friend my 1955 Buick for a 36 foot old cabin boat. The Buick was like brand new, and he crashed it hard. I saw it, what a shame. I think he lost control and hit a bridge abutment straight on. Front end smashed in. He mentioned he would have been killed, and that car saved his life.
re your model Ts ?? Like a wagon with no horse? crunch zones?? You mean weak accordion like? Then the doors can’t open?? You can’t get out? Have to be cut out? Forget anything you learned from the media.
Posted by Maddog
@ 13:37 on March 11, 2020
I know this is stating the obvious, but imagine of one of the Donald’s sons was playing those games….the MSM would be going ape.
Posted by Ororeef
@ 13:37 on March 11, 2020
Posted by Maddog
@ 13:13 on March 11, 2020
Notes and Bonds are not following the SM down anymore and as soon as the SM rallies, they rise as well…
This is from v v o/s levels…but it maybe the 1st sign they are hitting Rock, with the Hard Place right behind.
Posted by goldielocks
@ 13:08 on March 11, 2020
On TV, what a scatter brain idiot. Either one scatter brain all over the making no sense Biden or Bernie. Taking about dangerous for this country.
Posted by Ororeef
@ 13:06 on March 11, 2020
Hunter Biden will no longer travel to Arkansas this week for a scheduled deposition in his paternity case, as he claims he has concern over coronavirus-related travel restrictions and his pregnant wife.
The lawyers representing the mother of a child fathered by Hunter Biden recently filed a motion seeking to have the former vice president’s son held in contempt of court for repeatedly refusing to obey a paternity and child support suit-linked order to provide financial documents, including his 2017 and 2018 personal tax returns.
Posted by goldielocks
@ 13:04 on March 11, 2020
I started reading about the older heavy metal cars vs the lighter plastic cars of today. I also looked up vintage car crashes. Pretty bad. Some of these cars like the model Ts type literally fell apart. The focus was the crunch zone that saves lives. That the cars were made to absorb the impact instead of that sudden stop effect on the body who’s still moving while the bed of the car had more supportive metal around it.
Posted by Mr.Copper
@ 12:45 on March 11, 2020
Thanks for the info. The whole system is a joke. Its amazing the system is half ass still working, everything is so artificial. Its like a fix or repair daily cheap unibody low quality Toyota or Honda with high mileage. Instead of a nice safe heavy Body on Frame Chevy Suburban tank.
Posted by Ororeef
@ 12:44 on March 11, 2020
Posted by Ororeef
@ 12:31 on March 11, 2020
Democrat “MEGA”donor,.. (NOT MAGA)
Disgraced movie mogul and Democrat party mega-donor turned convicted Hollywood sex offender Harvey Weinstein was sentenced to 23 years in prison on Wednesday following his conviction on two sex charges.
Posted by Ororeef
@ 12:27 on March 11, 2020
talk of delaying TAX FILING due date ! That would be a popular move this year ..!
Posted by Ororeef
@ 12:24 on March 11, 2020
Posted by Richard640
@ 12:15 on March 11, 2020
rates–and governments round the world directly buying stocks and etfs—….and trillion dollar…and 50 billion–and 500 bill money managers are supposedly selling their 11 dollars and 23 cents of gold holdings to raise liquidity??….that’s the “cover stroy” for why gold is not going up in times of crisis.
Posted by Ororeef
@ 12:13 on March 11, 2020
China Gold JINFF
China Natural Resources CHNR
Posted by Buygold
@ 11:45 on March 11, 2020
just another day of awesome for the “safety” trade.
Bonds are selling off a bit. Where the hell is that money going? Cash? Sure as shit isn’t going into gold, er gold futures.
R640 – good luck with those GDX calls. The only thing that might save you is the Fed next week, otherwise this shit will just keep going down with the SM
Posted by Richard640
@ 11:28 on March 11, 2020
P,S,—18,190 calls bought yesterday on the GDX April 17th $31 calls—today 1600 bought with 34,481 calls open interest
Posted by Mr.Copper
@ 11:25 on March 11, 2020
The whole global economy has been living on stimulative packages since 9/11. I guess its the new normal. And like drugs, the economy gets immune and need more and more stimulus over time for the same effectiveness.
In my opinion the best stimulative package would be for the Gov’ts and Banks to just give people money that want to buy things they normally can’t afford. 🙂 Cars Boats, expensive pets, houses etc.
A stimulus package is a package of economic measures put together by a government to stimulate a floundering economy. The objective of a stimulus package is to reinvigorate the economy and prevent or reverse a recession by boosting employment and spending.
Based on principles outlined by Keynesian economics, the goal is to increase aggregate demand through increased employment, consumer spending, and investment.
Stimulus packages may involve expansionary fiscal or monetary policy or both.
Posted by Maddog
@ 11:20 on March 11, 2020
Posted by Maddog
@ 10:52 on March 11, 2020
Seems the scum doesn’t like such talk…..
Posted by ipso facto
@ 10:45 on March 11, 2020
“Suddenly, the virus has coalesced into crisis. Now we find ourselves at the epicentre of a massive and expanding economic conflaguration. Any firm or individual relying on income to service debt is unquestionably going to face crisis as cashflow dries up. We are likely to see cascading consequences as one missed payment becomes many, and one defaults sets the dominos tumbling. ”
https://www.zerohedge.com/markets/blain-there-just-isnt-plan
Posted by Maddog
@ 10:31 on March 11, 2020
Sitting opposite piglosi must be a horror story…that face would give u nightmares for years.
Posted by Richard640
@ 10:17 on March 11, 2020
has been and is super bulliish on gold and silver–he said that if we are in a 2000 scenario then $7000 gold possible in the next year to six years…if a 70s scenario then $25,000…and this pundit NEVER makes lunatic calls…and is no gloom and doomer–he has been super bullish on stocks for 10 yrs….so I was just looking at some long dated, waaaaaay outa the money calls on GDX
According to our GDX split history records, VanEck Vectors ETF Trust – Gold Miners ETF has had 0 splits. VanEck Vectors ETF Trust – Gold Miners ETF (GDX) has 0 splits in our GDX split history database.
GDX went to $60 in 2011–here are yuesterdays notable purchases
15,000 GDX calls on The June 19th $35 call were bought yesterday for $52 each—
4500 calls bought on the $32 strike for a buck each…
4500 GDX calls bought on the July 17th $35.50 calls
2800 calls on the sept 18th $36 call for 98 bucks each
2900 calls on the JANUARY 2021 $30 CALL for $269 each