Author: The Lizard King

I hit my target price on my VXX puts. music selection:  “Eye To Eye” — Fates Warning First a little house keeping.  I had an old long call position in Square (SQ) that I acquired for 20.40 a share on

New trade with downside protection and high return potential. music selection:  “Long Way To Love” — Britny Fox Berkshire Hathaway (BRK-B) is probably well known to the readers of this page.  It is the insurance and holding company run by

It was a good month. music selection:  “Orgasmatron” — Sepultura weigh-in:  212.4 (0.4) My new normal during COVID-19 has me spending less money.  That will be derailed slightly next month when the bill for some home repairs come in.  I

Five more groaners. music selection:  “I Saw Her Standing There” — The Beatles Devour your prey raptors!

I took profits early. music selection:  “Doctor My Eyes” — Jackson Browne On 12MAY2020, I opened a bull call spread in OKTA at the 160/165 strikes and 19JUN2020 expiry.  I had 8% downside protection remaining as of this morning.  Earnings

I’m vindicated. music selection:  “Doctor My Eyes” — Jackson Browne I just got notice from my broker that JCP is issuing a FULL CALL on my bond.  I will receive par at maturity.  Bullet dodged like a ninja! Devour your

Stink bidding for Hershey. Music selection: “Doctor My Eyes” — Jackson Browne weigh-in:  212.4 +1.8 I’ve admired Hershey (HSY) for years.  It has a strong brand and a great capitally efficient business.  It is also a strong performer when it

Five groaners. music selection:  “Laughing” — The Guess Who Devour your prey raptors!

I have two new trades. music selection:  “Sweetest Thing” — U2 I have a bullish and bearish trade today.   For the bullish trade, I opened a spread in MMM.  For the bearish trade, I bought long dated puts on Delta

I took profits. music selection:  “She’s Waiting” — Eric Clapton On 18MAY2020, I opened a bull call spread on NVDA.  I paid 3.20 a share.  With earnings out tomorrow, I re-evaluated.  I had 3.5% downside protection left in the trade