Happy US Election Day and AAPL dividend raider day...
Last day to buy AAPL to get the Nov 15th divvy as the EX-date is tomorrow. Please enjoy watching the glorious spectacle of options volume going full retard to the upside today as MMs play "the game"; buying DITM calls and exercising them immediately to capture the $2.65 divvy, then selling the same calls for delta neutrality....
My mood is that of a psychopath with a chemical imbalance pushing old fuckers down moving escalators....
My portfolio is sitting in shit soup, sucking on 10 dicks lately, hemorrhaging 6 figure losses in 4 weeks, as I hold onto stupid as fuck amounts of AAPL common and OTM calls during AAPL's biggest correction in valuation since the dismal days of the 2008 financial crisis... My dip-buying escapades will surely spell the end of me one day..but this is AAPL for fuck sakes!
Work is being a piece of shit right now and giving me a hard time for missing out on a couple of "important" safety meetings, because discussing the intricacies of starting a fire in a live refinery and the nuances of climbing a ladder with pocketfuls of big wrenches and loose change is somehow much more important than meeting up with the project coordinators that call you every ten minutes only to have you run around like a coke-addled baby gorilla.. when really I should be watching my portfolio grind into fucking dust...
And now with the volatility of an 50-50 even presidential race, all gap ups are being faded, rallies are sold, and being in the fucking markets is more like playing pinless hand grenade hot potato.
An Obama win means driving off the fiscal cliff, $5/gallon gasoline and $100 tomatoes and a King Romney victory spells Austerity and the end of the QE cocaine train. No matter which two-bit huckster goat fucker our neighbors to the South vote in today, eventually means the same thing: the rich get richer, the poor get poorer, the Middle Class gets fucked. Americans are only choosing on "how" they get grape raped today....
Short term, markets will rally into American Turkey Day, on an uncertainty finally becoming certain but long term... Hmmm. Worst case scenario: a Bush-Gore-esce clown fuck tie again.
As a Canadian looking in, we will be doing what we do at our own elections: not voting. We'll be sitting at home, eating Doritos, and catch it all on CNN...
Good Morning.
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