LTOptions at a 33% discount during the Year End Holidays.
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Saturday, December 3, 2016

Weekend Portfolio Analysis (December 3, 2016)

On September 21st, I wrote the following as part of my article Warned:

"...It means that, in a Trump-win scenario, even when he is seen as the bad choice for the financial markets, there still can be a rally simply because uncertainty is removed. We don't have a crystal ball, and it is precisely for this reason that the commonly accepted notion that markets will correct if Trump wins, should not pollute our bias" 

Later on, I also mentioned that:

"...The defeat of the 'market friendly' candidate can still be followed by a rally. Just as it has happened in the past"

(You can read the entire piece here).

Thursday, December 1, 2016

January 2017 RUT Unbalanced Iron Condor

Today I initiated a January 2017 Unbalanced Iron Condor in RUT:

Sunday, November 27, 2016

Weekend Portfolio Analysis (November 27, 2016)

The SPX Index went from 2,186.43 to 2,213.45 this week, for a +1.24% return. It's amazing how when the upside pressure is so constant, everyone gets easily horny. The buying pressure is just too orgiastic at the moment and people just can't help themselves. 

Tuesday, November 22, 2016

December30 RUT Credit Call Spread

Today I initiated a December30 position in RUT:

Sunday, November 20, 2016

Weekend Portfolio Analysis (November 20, 2016)

Mejor tarde que nunca!
You're pal LT has been caught in the manly and greasy world of car fixing over the weekend. My uncle has been a mechanic all his life, and while it is true that I could leave him alone and let him do his thing, at the same time the masculine thing to do is to just be around, seeing him work and inquiring about things. That's just how we men roll. These last few days reminded me of the simplicity of my life in Toronto: way fewer bills, no car related drama, etc. For some reason I easily spend more money in Miami than what I used to spend in the indisputably way more expensive Toronto, even though food, water and electricity are all cheaper here, gas too, by far, and taxes are lower. Friends, that's all neutralized by car expenses, health insurance, and all sorts of other required insurances. Welcome to the land of insurances. I never had to pay a monthly insurance for the apartments I rented in Toronto. Never. Apparently it is the law here. Everyone's covering their respective asses from every possible angle. Curious note: my rent contract documents in Toronto never took more than 3 pages. The rent contract for my current apartment in North Miami Beach: 49 pages.

Friday, November 18, 2016

December30 RUT Lazy Elephant

Today I initiated a Lazy Elephant position (clear here for the defintiion), using December30 options

Sunday, November 13, 2016

Weekend Portfolio Analysis (November 13, 2016)

I see so much symbolism in the act of burning up a flag. Maybe it's just me and it is no big deal to others. But especially a flag that has given you the freedom to burn it up without suffering any consequences. Had I ever burned a Cuban flag publicly in the streets of Havana, I can guarantee you I would have been 'castrated' the next day by the government secret police.

But what the hell is this? This is not LT's "Societal studies"? And besides, enough with politics. We've all been exposed to unhealthy high doses of it this year and need to start cleansing ourselves badly. Let's get the ramble over with, shall we?