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  1. mervyn

    Jill Stein adds to Biden’s 2024 problems

    More urgently, trump sold out the palestine and we got a hot war in our hand.
  2. mervyn

    Selling Options for passive income by Robert Kiyosaki

    time is most important to me, letters are just tools. sell puts when market going up, buy calls when market going down, and s/r levels.
  3. mervyn

    Selling Options for passive income by Robert Kiyosaki

    Spreads, debit or credit, in general, will lose money long term. Limited risks and limited rewards, you have to win lot of time. Naked directional bets are better way to trade. There is no neutral position in the market.
  4. mervyn

    Ransomware attack on China’s biggest bank may have hit US Treasury market

    Lockbit is not Russia but from Netherlands. A civil engineering firm I dealt in Maine with got locked during the pandemic and had to wipe the computers, much data lost.
  5. mervyn

    No, Traditional Chinese Medicine Has Not Been Vindicated by Science

    Before modern chemistry, how did sick people get treated? Hot herbal tea is a must for me in a winter time, it works.
  6. mervyn

    selling put leaps recommended? opinions please.

    SPX naked put is fine if you are the balance to play with, it is safe bet at 4000. 17k premium, that takes your entry to 3820. but SPX is cashed settled, I'd do it in /ES.
  7. mervyn

    Ransomware attack on China’s biggest bank may have hit US Treasury market

    what can i say? they are chinese and have a big target on their back since trump.
  8. mervyn

    Is Buffett bearish or bullish on the Japanese Yen by selling Japanese bonds??

    I was thinking about a paug perfect asset swap, set a tolerable band, say 110-140, beyond that you pay or get paid.
  9. mervyn

    BRICS currency

    The oil guys still don’t get it, it is not about oil nor chinese yuan. It is about transactions settled in local currencies without usd. A decade is short in a grand scheme of things.
  10. mervyn

    Good explanation of bond futures?

    I recalled 1 basic point change in yield is about $67.25 change in dollar in ZT, I think. Did the math long ago but now I just trade as any futures instruments, looking at charts. From time to time I do carry the positions.
  11. mervyn

    ES Journal - 2023/2024

    Yea I tapped 11 points off his remark on my phone, 96 to 85. It took half day.
  12. mervyn

    If there's a buyer,...

    Buying calls are small money to pay to bet on a holiday rally, I would.
  13. mervyn

    The $2 Million Coal Mine That Might Hold a $37 Billion Treasure

    Nothing will come out of it, period. He will need to ship the dirts to Korea or Japan to be processed.
  14. mervyn

    Is Buffett bearish or bullish on the Japanese Yen by selling Japanese bonds??

    He is a smart man. I am sure he has yen hedge going on before he puts large sum into Japanese market. Yen dropped a lot since his entry, not sure he has a view on the yen either way.
  15. mervyn

    ES Journal - 2023/2024

    I checked ES chart for my trades in 2021 from Oct 13 to Oct 26, L4318.75 H4590, made $26,412.50, most from 10/21-10/25, double form 5 lots per trade to 10 lots per, green 15k those 3 days alone. Then it retraced 50% in the subsequent 2 weeks. lost 12k. Am I worried another 50% crash, sure I am.
  16. mervyn

    China advanced chips regardless of US sanctions

    when you are hungry enough, for subsistence or betterment, you work.
  17. mervyn

    Chasing Options Income Risks ‘Grave Error,’ Former AQR Quant Warns

    didn't the author consider the managers will roll up the call strike for a long portfolio?
  18. mervyn

    Chasing Options Income Risks ‘Grave Error,’ Former AQR Quant Warns

    it is compared to what? missing upside because of the assignment? non sense
  19. mervyn

    Thinkorswim now on schwab - can you trade after-hours 16:00 - 16:05 PM?

    the transition is aweful, can't find or read hisotry and cost basis. legacy td tos can't trade legacy cs account, at least for me. cs account is read only in tos.
  20. mervyn

    ES Journal - 2023/2024

    don't think last week rally has any leg to stand on, when the 10y rate dropped 40bps. continue to sell ES puts at 4000-4200 range, to 200 ema.
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