Damocles Weekly Trade Journal

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List all Options Trades by Damocles posts

Nov 1, 2020 | May 15, 2020 All Posts

Programming Trade-Triggers for the Win

David: What is the primary goal?Joshua: You should know, Professor. You programmed me.David: Oh, c'mon. What is the primary goal?Joshua: To win the game.(Movie: WarGames) Commentary The COVID-Crash this past February stung pretty badly! I had 14 trades that all..
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Nov 1, 2020 | May 9, 2020 All Posts

How We Avoided the Great Depression 2.0

Unbeknownst to all,we have been preparing for the Coronavirus pandemicfor over 10 years...- Damocles Commentary With the universal adoption of the Internet, we have unknowingly been evolving our economic infrastructure into an asocial, work-at-home online model. We no longer need..
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Nov 1, 2020 | May 1, 2020 Geopolitics Affecting My Positions

Marketeer’s Stampede

Keep movin', movin', movin', though they're disapproving, Keep them dawwgies rollin', Rawhide! Don't try to understand them, Just rope and throw and brand 'em, Soon we'll be living high and wide! - Frankie Laine (selected lyrics from "Rawhide") Commentary These..
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Nov 1, 2020 | Apr 24, 2020 Geopolitics Affecting My Positions

COVID-Crash Turnaround?

A person is smart.People are dumb, panicky, dangerous animals.-- Agent K (Movie: Men in Black) Commentary Now that we are seeing the mortality models for the COVID-19 pandemic revised significantly downward, now that our eco-politicians are no longer predicting the..
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Nov 1, 2020 | Apr 10, 2020 All Posts

Thrashing is the Hardest Part of Trading

He who is not courageous enough to take riskswill accomplish nothing in life.- Muhammad Ali Commentary Thrashing is the Hardest Part of Trading Choppy aftershocks are going to be the status quo after the epic 37% collapse of the DOW..
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Jun 4, 2021 | Mar 27, 2020 All Posts

Rebooting the US Economy

"Never let a serious crisis go to waste."- Rahm Emanuel Commentary Our economic system is a vital function in our way of life. A free-market economy is one of the major requirements for a free society. But by the very..
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Nov 3, 2020 | Mar 22, 2020 Geopolitics Affecting My Positions

It’s Pucker Time!

Falling down is how we grow. Staying down is how we die.- Maximus Decimus Meridius (Movie: Gladiator) Commentary I wish I knew what I don't know. The Coronavirus "crisis" is a bit confusing to me. But from the Market's tantrum..
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Nov 12, 2020 | Mar 13, 2020 All Posts

Feeding a Bear Market

Commentary We need to CHILLAX! As of this Monday morning (3/9/20), every Vertical Bull Put Credit Spread in my Options portfolio is insanely deep ITM. This equates to a possible max loss of $2,713 if all positions fail. My job..
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