Drowning deep underwater TSLA SEP25 470/460 Credit Spread

I don't have an open thread so I'll post it here... rally in equities next week. I am up over four bucks this year. Election trades should add another two bucks over the next month.


Possibility of a 3600 touch on AMZN from Nov 4-6.
 
Yeah, but I am closing it and getting short px in vol out to Jan. I am bearish here. I made a buck on my election trades; about half what I'd expected to earn. C'est la vie.

I am short here, but will cover it if Biden pulls it out.

I don't think Biden will win. That is very, very unfortunate.

Trump win and SPX hits 2800 (3525 last) by the end of March 2021. I am maneuvering to earn at least what I did on my election vol. 2800 SPX target for EOM March 2021. No NDX target.

I can't go bigger until the election is called. I will lose 100-200K if Biden succeeds (by covering shorts).

I am heavily short (DELTA) here basis 3525 in index and SN vol.
 
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I got tired of watching the predictit electoral digitals so I just threw $500 on DEMS to lose PA. The dashboard updates in RT.

2020-11-05_07-28-51.png
 
Interesting to hear that. Can you explain more and what you think about Nevada?


I live part time in Washoe. I don't think we (Dems) have a problem in NV. My digital wagers are all in PA ($5,500) because we win nationally if we win PA. I am short Biden in PA from 0.18/1.00 x $5,500. Obv I want Biden to win (idealogically), but betting he will lose PA.

I'll make a lot more money (going forward) under Trumptard as the mkts will crash before the end of 2021.
 
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