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.
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.
I got tired of watching the predictit electoral digitals so I just threw $500 on DEMS to lose PA. The dashboard updates in RT.
$5.5K bet now across two accounts. At least it's going to pay for my kid's wheels if Biden loses PA. Pays $29K.
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.
Taking way too long to count PA but I do believe Biden should be the favorite to take the final lead.