GNCC Capital Inc (GNCP)

[moe_the_gyp01]

71011, I think you're right about a rebound in the broader market. I did a short vol. Buy/write when the vix popped over 40 and added to a 5g play late Friday. Outlay of just shy of 70k between both. I uncovered two long plays and made a little and will let both of the underlyings run. Both 5g plays, Apple supplier and an automotive chip play. I sold some more puts on a streaming stick play, stock closed friday at 114.00 and pulled in some long dated puts out to Jan 2021 5 at 85 and 5 at 75 over the last three trading days. After all the ins and out with buys and net credit options plays, net cash deployed a little over 55k.

Moe has been busy taking advantage of this way oversold market. Time horizon is about Sep or Oct.

No hurry..