The Week Ahead
Volume 36
Good Morning,
World Cup Final day! I am just going to enjoy the football without any bias for either side, I am a French fan but also a huge Messi lover. I must say, I’d love to see Messi lift the trophy! Another thing he will have that Ronaldo won’t… alongside - modesty, class, football intelligence, and selflessness… ;-)
Very strong week for myself and paid subscribers. A few lucrative option trades and despite the overall market direction our equities performed well. Some examples… RARE now +30%, LBRDK-TMUS pair which was opened at -62 was closed out at -52.55 and -49.8, amazingly before the pair widened dramatically. META is now +32% from where I went overweight. HPQ bear put spread closed out flat. I also opened a 17Mar’23 MRNA 150/130 bear put spread at 3.
My bund puts are working wonders after I covered the short leg of the bear put spread at the highs. The ZN puts given in a Substack a couple of weeks ago are marked at 0, however, I bought some 113.50 for two weeks out as well as a 113.5/112 2x3 put spread for the first week of Jan.
On the topic of the ZN put given in the post a couple of weeks ago, the AAPL 1x2 which was 2.02 is now 5.22 and the XLE put spread which was 1.68 is now 3.25. Attached below is the post I gave these.
IBM short from 150 which was given on my main Twitter is now at 139, looking for 135, perhaps 128.
This will be my last Week Ahead for the year as I will be putting out my The Year Ahead post before New Year. As it is Christmas, I will be allowing free trials on the Substack for the next 24 hours.
For free subscribers who won’t see the main part of this post, a very Merry Christmas to you all. May you enjoy the time with your loved ones.