Long Natgas and Short USDJPY - Financial Disaster Speedrun
Updated
Weather looking warmer than it seems? Gas inventories high as shit? IT DOES NOT MATTER. KANDA OUT OF HIS JOB?? WHO CARES!
TL;DR: Long NatGas Calls 2.950 USD DEC Expiry and Short USD/JPY spot at 149.6 SL 150.10.
In the grand tradition of financial kamikaze dives, Redridge Capital has just executed a trade that makes even seasoned market veterans cringe. We've simultaneously longed natural gas through December expiry options and shorted USDJPY through a highly leveraged spot position.
Yes, you read that right. We've essentially bet that natural gas prices will skyrocket while the Japanese yen will plummet. It's like betting on both red and black at the roulette table – a strategy that's sure to leave you with an empty bank account and a newfound appreciation for financial stability.
We're not here to play it safe. Of course we are not, what do you think this is? S&P ETF?
We're here to make wild bets, break all the rules, and generally shake up the financial world. And if we happen to lose all your money in the process, well, at least we'll have a few good stories to tell at the bar.
So, let's break down this idiotic trade, shall we?
Betting on Natural Gas: A Recipe for Disaster
We've longed natural gas through December expiry options, meaning we've bet that natural gas prices will be higher in December than they are today. This is a risky proposition, considering the mild winter we just had and the massive glut of natural gas sitting in storage.
But we're not just betting on a mild winter; we're betting on a full-blown apocalypse. We're talking polar vortexes, snowmaggedons, and a nationwide shortage of flannel shirts. If our bet pays off, we'll be heroes. But if we're wrong, we'll be the financial equivalent of the Hindenburg airship.
Overall, we think the sentiment here has gone too far and we could see a 10-15 % rally in the gas market based on the inventories surprise.
LONG DEC Expiry @ 2.950 USD
Shorting USDJPY: A Dance With the Devil
On the other side of the equation, we've shorted USDJPY through a highly leveraged spot position. This means we've borrowed a bunch of money to bet that the Japanese yen will weaken against the US dollar.
Now, we're not exactly experts on Japanese monetary policy, but we do know that the yen has been on a strengthening streak lately. So, why are we betting against it? Because we're Redridge Capital, and we like to make life difficult for ourselves. We are expecting an unwinding of long dollar positions based on an acceleration in Japanese CPI and weakening of the USD.
If our yen bet pays off, we'll be hailed as financial geniuses. But if we're wrong, we'll be forced to sell our kidneys to cover our losses.
The Road to Financial Ruin
So, there you have it. Our latest trade is a recipe for financial disaster. And we're not going to sugarcoat it: we expect this thing to go tits up in no time.
But that's the beauty of Redridge Capital. We're not afraid to make bold moves, even if they're incredibly stupid. So, sit back, relax, and enjoy the ride as we barrel towards financial oblivion.
TL;DR: Long NatGas Calls 2.950 USD DEC Expiry and Short USD/JPY spot at 149.6 SL 150.10.
In the grand tradition of financial kamikaze dives, Redridge Capital has just executed a trade that makes even seasoned market veterans cringe. We've simultaneously longed natural gas through December expiry options and shorted USDJPY through a highly leveraged spot position.
Yes, you read that right. We've essentially bet that natural gas prices will skyrocket while the Japanese yen will plummet. It's like betting on both red and black at the roulette table – a strategy that's sure to leave you with an empty bank account and a newfound appreciation for financial stability.
We're not here to play it safe. Of course we are not, what do you think this is? S&P ETF?
We're here to make wild bets, break all the rules, and generally shake up the financial world. And if we happen to lose all your money in the process, well, at least we'll have a few good stories to tell at the bar.
So, let's break down this idiotic trade, shall we?
Betting on Natural Gas: A Recipe for Disaster
We've longed natural gas through December expiry options, meaning we've bet that natural gas prices will be higher in December than they are today. This is a risky proposition, considering the mild winter we just had and the massive glut of natural gas sitting in storage.
But we're not just betting on a mild winter; we're betting on a full-blown apocalypse. We're talking polar vortexes, snowmaggedons, and a nationwide shortage of flannel shirts. If our bet pays off, we'll be heroes. But if we're wrong, we'll be the financial equivalent of the Hindenburg airship.
Overall, we think the sentiment here has gone too far and we could see a 10-15 % rally in the gas market based on the inventories surprise.
LONG DEC Expiry @ 2.950 USD
Shorting USDJPY: A Dance With the Devil
On the other side of the equation, we've shorted USDJPY through a highly leveraged spot position. This means we've borrowed a bunch of money to bet that the Japanese yen will weaken against the US dollar.
Now, we're not exactly experts on Japanese monetary policy, but we do know that the yen has been on a strengthening streak lately. So, why are we betting against it? Because we're Redridge Capital, and we like to make life difficult for ourselves. We are expecting an unwinding of long dollar positions based on an acceleration in Japanese CPI and weakening of the USD.
If our yen bet pays off, we'll be hailed as financial geniuses. But if we're wrong, we'll be forced to sell our kidneys to cover our losses.
The Road to Financial Ruin
So, there you have it. Our latest trade is a recipe for financial disaster. And we're not going to sugarcoat it: we expect this thing to go tits up in no time.
But that's the beauty of Redridge Capital. We're not afraid to make bold moves, even if they're incredibly stupid. So, sit back, relax, and enjoy the ride as we barrel towards financial oblivion.
Note
8:38 CET MONDAY.ANOTHER WEEKLY ROUND AND AS WAS INDEED WITNESSED IN THE MAD MAX MOVIE, THE NATGAS SAID: "WILL YOU WITNESS ME?!"
The market has opened and NatGas is already shitting the bed as usual. As the old adage says, "Home is where the PROFIT is." and it sure isnt fucking NatGas right now. We are ditching the position mercilessly and are adding to our USDJPY short since the money is there.
Trade active
8:08 CET TUESDAYSecond day of the degenerate weekly trading is in full swing. USDJPY has been suffering from a proper bout of acute watery diarrhea so far so lets hope there are no remedies in sight.
NatGas is fucked. We outta there.
Trade active
8:56 CET WEDNESDAYThird day of our weekly idiotic bonanza of who can grab whose papers we printed.
USDJPY went lower yesterday so the meds for the diarrhea are NOT working. Good. We shall see how it progresses.
Did you see NatGas btw? Shit sank like the Titanic. Ungodly moves into the oblivion. Longers fucked, shorters wiping their tears of joy with the money of the bulls.
Now, we are degenerate, but thank FUCK we were not as degenerate to hold onto that bitch.
Trade closed manually
21:40 CET THURSDAYWe fucking closed this shit bcs it started going up rapidly okay? OKAY?!
Trade active
Longing NatGas here aggresively with a new position.If NatGas goes meaningfully below 2.5, it will be closed. So like 2.47 stop.
Note
WE MAKIN IT STRAIGHT TO BANKRUPCY WITH THIS ONE 🔥🔥🔥🔥🔥🔥
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