MQP IRL CONTINUOUS DEMO 12D - DETOUR TO 2270
HEADER - Slowing a down a bit, one more FOMC.
SUMMARY - This is where I am. I am explaining what I am doing. That is all. This is NOT a recommendation that you do the same thing. All I am saying if you are going to be short gold, be EXTREMELY CAREFUL. I am super concentrated in gold longs to the extent that I cannot afford to be wrong about this move. Essentially speaking, where the rest of my life goes depends on me BEING RIGHT AND ON TIME about this move from here on out. Right, and I may pay off my mortgage this year. At this moment, I am basically all-in. 95% of my options are April 14 1800 calls. So if gold is 1850 on 04/14, I essentially break even. I am totally convinced that gold ends March at 1950 or higher and hits 2270 from 5/15 to 6/15 (right now leaning 6/15, but would lean 5/15 late March.
DETAILS - If you are following with IRL (RATIO 9/16), this is what to look for. The last "wiggle" for D8 was a giant one, but that's the absolute last one from where I stand.
SUMMARY - This is where I am. I am explaining what I am doing. That is all. This is NOT a recommendation that you do the same thing. All I am saying if you are going to be short gold, be EXTREMELY CAREFUL. I am super concentrated in gold longs to the extent that I cannot afford to be wrong about this move. Essentially speaking, where the rest of my life goes depends on me BEING RIGHT AND ON TIME about this move from here on out. Right, and I may pay off my mortgage this year. At this moment, I am basically all-in. 95% of my options are April 14 1800 calls. So if gold is 1850 on 04/14, I essentially break even. I am totally convinced that gold ends March at 1950 or higher and hits 2270 from 5/15 to 6/15 (right now leaning 6/15, but would lean 5/15 late March.
DETAILS - If you are following with IRL (RATIO 9/16), this is what to look for. The last "wiggle" for D8 was a giant one, but that's the absolute last one from where I stand.
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EXTREMELY IMPORTANT NOTE: I DO NOT INTEND TO HOLD 4/14 OPTIONS "ALL THE WAY THROUGH. If you want to do that, get June 1800 calls, much less headache to deal with.
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NOTE 2: Full count FOR D6 AND D67 is above.
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NOTE 3: It looks like - at this second - that only one of first 2 boxes will get hit. My money is on the second one, it's not a giant differece.
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NOTE 4: It's 11:30 am ET Monday. Looks like it will hit at least 5-6 of first 7 boxes.
