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Defensive positions again pay out

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@goldrooster
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Hi Hivers,

A few weeks ago I showed I was taking in defense positions with stocks of a market maker FLOWTRADERS and PUT OPTIONS for GRANDVISION. The latter was not easy but in the end I managed to get puts against a reasonable price.
Today Flowtraders presented Q2 and as in Q1 they profited again from market turmoil albeit not as much as in Q1. The same was true already earlier this week with the US marketmaker VIRTU (NASDAQ). Stock is up 4% as we speak and with the amount invested this is again a nice return. That is the third large win for me with this stock. Earlier with Brexit (+30%) , Corona March (+50%) and again this week (+5%) . In between the stock falls back each time and forms a great opportunity each tme to buy.

As for the PUTS , these profit from the general decrease in markets but also because the conflict might result in Essilor not continuing the take over. Grandvision without asking Essilor did not pay the rent on its shops in March - April and this resulted in a lot of legal claims. It is not too late to buy more puts. (go short)

Still I am not happy as the world around me is not what it used to be. People loosing jobs and reacting frustrated. Just discovered today that the COVID PCR test when positive does NOT mean you are a risk of conteminating someone.
You can have had he virus long ago, you can not have the virus in large quantity or you have destroyed it immediately already. ONLY A SMALL PERCENTAGE OF POSITIVE TESTED PERSONS are contageous!!! (source: professors, virologists and farma experts of the USA, Germany and Netherlands and many more countries)

What a stupid leaders we have. Normally this does not harm us that much but now it does..... (exception for Sweden !)

regards Goldrooster

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