Damocles Weekly Trade Journal

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List all Options Trades by Damocles posts

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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“Apathetic bloody planet. I’ve no sympathy at all.”
Nov 1, 2020 | Apr 17, 2020 All Posts

The Hitchhiker’s Guide to Options Trading

"People of Earth, your attention, please.As you will no doubt be aware, the plans for thedevelopment of the outlying regions of the Galaxy requirethe building of a hyperspatial express route through your star system,and regrettably, your planet is one of..
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Nov 1, 2020 | Apr 3, 2020 All Posts

Searching for a Bottom? Keep Looking!

Looks like I picked the wrong week to quit smoking.Looks like I picked the wrong week to quit drinking.Looks like I picked the wrong week to quit amphetamines. Looks like I picked the wrong week to quit sniffing glue.- Air Traffic..
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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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Dec 1, 2020 | Mar 7, 2020 Geopolitics Affecting My Positions

Biden’s Bump

--Matt Farrell: The first time I heard the concept of a Fire-Sell, I actually thought it would be cool if anyone ever really did it. Just hit the reset button – melt the system just for fun.--John McClane: Hey, it's..
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