Biden’s New Carbon Capture Mandates Will Cause Blackouts, Increases Prices
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The lie of the day is from the EPA: Carbon capture will pay for itself
(thanks to IRA subsidies). No, it won't even with subsidies. Expect
blackouts and a ...
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LZ, do you ever buy ITM LEAP calls, to reduce the possibility of mistimed entry and in case the reversal trends for some months? Might this context be an appropriate time to do so? TIA.
ReplyDeleteEveryone has their own style. I run an "anti-fragile" options portfolio. I'm looking for a short-term move. If it stops here, I'm already at a 5x. If it can get closer to my 126 "hope" target in time, the trade will turn into something closer to a 15x. Only need another ~4% on the yen to do it. But yes, if the yen is turning a corner here and it starts acting as a risk-off trade again, then it could rally for months if deflation kicks in. Otherwise, maybe too late to chase. I don't have a long-term read yet. USDJPY reversing at 126 area and heading for 175 next is still a possibility.
DeleteThanks, LZ.
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