#SyntheticStock #ShortPuts – After reading this yesterday I’m thinning the herd. Keeping synthetic and beefing up disaster puts just in case.

https://www.zerohedge.com/geopolitical/graham-expresses-fury-report-xi-warned-biden-hell-reunify-taiwan-china

“Graham expressed outrage and called for bipartisan efforts to work toward urgently beefing up Taiwan’s defenses and military capabilities. “This story as reported is beyond unnerving,” Graham stated on X Wednesday. “I will be working with Democratic and Republican Senators to do two things quickly. First, create a robust defense supplemental for Taiwan and second, draft pre-invasion sanctions from hell to impose on China if they take action to seize Taiwan.”

Sold assigned stock @ 23.38 (basis 23.47)

Bought to Close FXI Dec 22 2023 24.0 Puts @ .62 (sold for .65)

Bought to Close FXI Dec 29 2023 24.5 Puts @ 1.12 (sold for .98)

Bought to Close FXI Jan 05 2024 24.0 Puts @ .84 (sold for .82)

Bought to Close FXI Jan 12 2024 23.5 Puts @ .62 (sold for .63)

Total loss about 60 bucks.