Banks: Simple Principles, Complicated Games (Part I) Banks: Slightly more complicated (Part II Bank Series)
Flat line on my fun money. Jun 30 SPY call write is down $200. Looks likely to be my first call write that will expire in the red. The underlying ETF, though is up, of course… so I have simply lost some upside on this iteration.
Totally not digging the lousy 0.57% interest on my cash. But I’m leery of bonds. Betting on interest rate direction is a game for fools and madmen. Nonetheless, I’ll betting they are headed up big time in the long run.


Twitter