Jon,
Your street cred on options is uncanny. I really ought to think
more about doing that. When you are 80 years old and demented,
you'll probably still have those 500 'magic' shares in your
account, having optioned them out 500 times. Years ago, when Jester
generously schooled me in options, I recall doing 39 options trades
for the year, which provided the bulk of my profits. (Those were
the days when the ATVI buyout was a punch no one saw coming. Jester
caught the 'daily range' between highs and lows almost every day,
usable until the deal was closed and shares called away, and we
both participated to around $1k profits on some days. I remember
calling it a 'mini'game' to do so, and you said you had been doing
the exact same thing. Those were the days. And it was a long time
ago - maybe 10 years. We've all known each other for a long time,
and profited by pooling ideas.) I see some non-posting visitors
visit from time to time. I'm puzzled, and a bit unhappy, that more
folks didn't follow us to this board. But I feel like it's still
very good company. So yes, post your thoughts as non-pm's. And
Jester is really the only 'eyes' we have to follow with the vg
stocks, and that's welcome news. And your (Jester) call on CME
seems very gutsy to me - one more case of food poisining, and they
were toast, I thought. Your belief apparently is paying off really
well.
The market so apparently likes the (believed) deregulation of
just about any business dealings. It would obviously help Trump's
businesses. I can find journalists saying the conflict of interest
between power and money that Trump hung Hilary with is so apparent
in his mixing business with governing conflict of interest. But
I've seen no real condemnation of such acts. It's not funny the Roy
Cohen, (Cohn?), a lawyer buddy of McCarthy's communist 'witch hunt'
was a tutor to Trump when he was younger.
What I don't know is this: When an international crisis erupts,
and Trump handles it with all the aplomb of Kim Il Jong, how much
does the market drop in a day? Any guesses?