I cover my 2 SPX puts and my Euro put
I think might have reached the halfway mark of their crashes and i dont wanna ride all the way as i dont like short cover rallies. So far been pretty smooth, lets take the money and invest the proceeds in short term Bonds and wait out this crash, im making more money than all investors im aware of and probly gonna be roughly in the top 20 of performance globally again this year, as the last 6 years (of hedgefunds/maney managers who publicly publish their results) I realize the 3rd put i did actually i had my money in bonds already so there was no cash left, so obviously i had to sell 15k in bonds in 24.august to get cash for the 3rd put shorting the spx 15k each As always on every trade we applied 2x leverage Euro 1.01 to 0.98 (6%) SPX 3900 to 3789 (6%) SPX 4141 to 3789 (16%) Average 9,3% on 15x3=45k = 49185 which goes right into 6mo treasuries at 3.9% interest so they will be ready at same time as the other bonds around march2023 when im curious if we will already see a bottom in risk assets? Some early warning indicators have been triggered, so the following 1st world countries are going into economic troubles:
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AuthorPascal |