Art of Options

Ad money will be gone when no money to buy necessities. Also internet users are not very happy with google search: 4/30/2019 9:53:15 SOLD -1 VERTICAL GOOGL 100 21 JUN 19 1300/1340 CALL @3.60 -0.03 -2 360

The recent situation with Boeing 737 MAX  is another example of greed and corruption killing engineering. SAD. DATE TIME DESCRIPTION Misc Fees Commissions & Fees AMOUNT 4/23/2019 14:45:35 SOLD -1 BA 100 21 JUN 19 450 CALL @.43 -0.02 -1 43

Since a pot-head is so much better than a smoked lung and because any  problem in Milky Way Galaxy can be solved  by smoking marijuana  it is "Weed Time". Elliott Wave level for long $CRON is 15. But we go way lover and sell 12 put with 29 days to expiration.

Let us find where short TESLA is an attractive play. EW + Fibonacci analysis is shown below. $500 is my target then.

We live in times when the art of engineering is replaced by techno-hype.  I wait for a chance to short TESLA.  Meanwhile, the trade of the day is:

I   want to join the crowd of silver bugs and start accumulation of a long position. The ultimate goal, chasing Super V,  was outlined in the previous post "Elliott Wave Perspective ... " .  Naked puts is an option strategy where one is paid while awaiting for  a desirable price level. I go with 39 days to expiration (DTE) puts in  SLV  ETF: DATE TIME TYPE DESCRIPTION Misc Fees Commissions & Fees AMOUNT 4/8/2019 12:37:24 TRD SOLD -4 SLV 100 17 MAY 19 14 PUT @.13 -0.03 -4 52

Silver coins are old style alt-coins. Before buying BTC, one should ask Romans where are they now and why Denarius Argentum is still here. Silver is a basic material in production of various high-tech gadgets. That explains recent growth of the industrial demand over the mining supply. The latter was suppressed for many years because of photochemical-to-digital transition in photography. So far the over-ground stocks of silver compensate for the current industrial demand- mining supply imbalance. However, this situation is not going to last for long. 2018 was an accumulation year. From EW perspective, the recent price action of silver is a reaction to wave III. Silver is known for its violent price spikes, aka super V in commodities. Here we start hunting for the infamous Vth and no stop losses. Trading recommendation: accumulate below $15.

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