To The Moon

It's really hard to tell short term if a deal gets done. However, there is clearly appetite for rate hikes at the Fed and inflationary pressures are mounting. I definitely wouldn't write off rising interest rates yet, but I'm very long gold regardless. I don't see a medium term scenario where the gold price doesnt continue marching higher due to the grinding debasement of the USD.

$KMI 20260731 31.5 PUT$ Didn't get assigned, so get to sell another tomorrow. It's nice getting paid to wait for your fav stocks to get cheaper!

$DRAM 20260807 30.0 PUT$ Easy theta gang lunch money

$DRAM 20260717 38.0 PUT$ Picked up some lunch money. 

$HAMMER METALS LTD(HMX.AU)$ With competing bids for a growing resource base, HMX offers an interesting merger arbitrage play. I expect LRV to win, but competitive tension always helps get a better price.

$WMB 20260710 76.0 PUT$ Assigned on a PUT option. Ready to ride up on the next wave higher.

$167

$Kinder Morgan(KMI)$ sold the bounce. Selling cash secured puts to re enter at a lower price.

$Williams(WMB)$ took profits at past resistance. Sold a put to re enter later if there's a pullback.

$KMI 20260612 31.0 PUT$ Using options to reduce the cost basis of my long position.