MyDVICE

- LETTER & VIEWS by NEV R. AGN
Oil Post No. 8

Oil Post No. 8

It is TIME to rollover the Option Structure initiated on 2 June 2020 – Close Out 30 Sep Put – 55 Dec Call and move into Oct ’20 vs Feb ’21 (an extra month more to be long!) 23 June 2020 Summertime, Summertime! Digging it! OIL POST NUMBER 8...
Oil Post No. 7

Oil Post No. 7

Update on Option Structure initiated on 2 June 2020 21 June 2020 Summertime - Summertime! Can you dig it! OIL POST NUMBER 7 – – –  UPDATE ON:  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July 2020); and 2. Buy 1x...
Metals #4 – Energy #6

Metals #4 – Energy #6

More on the relationship between gold and oil (the “Gold-Oil ratio”). 15 June 2020 Further to reading up on statistical research concerning the long-term equilibrium relationship between gold and oil (the research for the most part used cointegration...
Well Suited No. 2

Well Suited No. 2

My correct single breasted peaked lapel proportion 12 June 2020 I have to start with a quick “say-so” about the featured boots image (the stunning three-toned balmoral).  Could there be a better toe-candy to cap the 2 suit styles to the right?  I...
Metals #3 – Energy #5

Metals #3 – Energy #5

Brace yourself!  I count at least 4 studies testing the cointegration or long-term equilibrium of the correlation between gold and oil. 10 June 2020 In my previous post I posit the following regarding the gold:oil ratio: Assuming mean reversion (to 17:1 ratio) and a...