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the1maestro · 30 May 2022, 07:18 AM

Is there a way for a Grey Market dealer to sell short to hedge against their huge long positions in watches? Or are they just completely naked long?

Roger Lococco · 30 May 2022, 07:27 AM

No real way to hedge used watches.

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Lamontsanders · 30 May 2022, 07:49 AM

Watches. Are. Not. Stocks.

Turbo Racer · 30 May 2022, 07:55 AM

Buy the dip lol

In all seriousness, unless you are in the business of selling used watches, I think it’s not a good time to speculate. Business is business and prices go up and down. For me this is a hobby and while I don’t generally buy the hyped items, I will pay strong money for a piece I love and will wear. If it becomes worth more monetarily, great, but I generally don’t sell so it’s a moot point for me.

Chester01 · 30 May 2022, 08:27 AM

By not dropping prices and when they do, only very, very little and likely collaborating with others on that to ensure things remain stable.

francoamerican · 30 May 2022, 08:28 AM

Quote:

Originally Posted by the1maestro

Is there a way for a Grey Market dealer to sell short to hedge against their huge long positions in watches? Or are they just completely naked long?

There needs to be enough demand for such instruments to emerge. Second hand watch inventory is way too small a market for anyone to care. Also there is no an accepted market price.

Njkdog · 30 May 2022, 11:09 AM

Convince a friend or family memeber to let you borrow their watch. Then sell it. And if they ask for it back, rebuy it. That’s exactly what a hedge is. Be ballsy, go for it

espanol · 30 May 2022, 11:16 AM

This post is insanely stupid. Watches are not “stonks.” From the bottom of my heart, I hope the people that use these terms toward watches end up “crashing the market.”

Rock Strongo · 30 May 2022, 12:53 PM

Quote:

Originally Posted by espanol

This post is insanely stupid. Watches are not “stonks.” From the bottom of my heart, I hope the people that use these terms toward watches end up “crashing the market.”

It reads like someone just learned those terms and is desperate to work them in to a conversation.

teck21 · 30 May 2022, 01:17 PM

Rolex futures, that’d be funny.

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ExplorerI · 30 May 2022, 01:40 PM

So far watch prices seem highly correlated with stocks and other more speculative assets. So they could just buy spy puts

Andad · 30 May 2022, 01:45 PM

Quote:

Originally Posted by teck21

Rolex futures, that’d be funny.

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Do you think so?

TunaTuna · 30 May 2022, 02:25 PM

Sell to Nico Leonard... he's short

jimcarver · 30 May 2022, 04:23 PM

Quote:

Originally Posted by Rock Strongo

It reads like someone just learned those terms and is desperate to work them in to a conversation.

Haha, exactly this.

Gary Busey · 30 May 2022, 09:13 PM

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PepsiBezel · 30 May 2022, 09:31 PM

I don’t think Greys, particularly those who sell Rolex, are taking long positions. I think the name of their game is quick turnover with smaller margins.

Driver8 · 30 May 2022, 09:32 PM

Quote:

Originally Posted by Lamontsanders

Watches. Are. Not. Stocks.

+1

Robf52 · 30 May 2022, 09:44 PM

Quote:

Originally Posted by TunaTuna

Sell to Nico Leonard... he's short

Just ask Oisin.

Marcjvr · 30 May 2022, 09:44 PM

Quote:

Originally Posted by the1maestro

Is there a way for a Grey Market dealer to sell short to hedge against their huge long positions in watches? Or are they just completely naked long?

macrowatch · 30 May 2022, 10:24 PM

Yeah, gray dealer sell all stock to get rid of Long secondary position, then buy WOS stock to go long primary market. Lol.

Easy E · 30 May 2022, 10:32 PM

Was there a contest for most retarded thread of the month that I missed? Short on physical inventory? Seriously?

beshannon · 30 May 2022, 10:59 PM

Quote:

Originally Posted by the1maestro

Is there a way for a Grey Market dealer to sell short to hedge against their huge long positions in watches? Or are they just completely naked long?

Quality post for the price/shopping/relationship forum!

Bravo!

Cheesepizzalover · 30 May 2022, 11:27 PM

Just learn options jfc lol.

John Fugate · 30 May 2022, 11:35 PM

The Greys are so far ahead of the game at this point , they are free rolling on their current inventory , it’s has long since been paid for. They deserve it , they are the risk takers. They put their money up to buy this stuff to resell it come what may. They have been highly successful in their gamble in last few years. The thing about it they don’t twist nobody’s arm to buy anything. I buy from Ad’s , individuals , Grey Market gurus and whoever else has what I want to buy at the price I want to pay. Grey dealers go long putting it all on the line , they don’t hedge nor can they. They have the stones to pony up play the game win lose or draw.

Wee-Willie · 30 May 2022, 11:40 PM

Quote:

Originally Posted by Easy E

Was there a contest for most retarded thread of the month that I missed? Short on physical inventory? Seriously?

Retarded..oh my..in these enlightened times, I believe the term should be "Mentally Challenged"...LOL!!

zengineer · 31 May 2022, 12:00 AM

I suspect a long established grey dealer thinks more in terms of the coat to replace inventory and if the retail market price drops so too will his cost to restock.

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FiftyTwoEighty · 31 May 2022, 12:46 AM

Quote:

Originally Posted by the1maestro

Is there a way for a Grey Market dealer to sell short to hedge against their huge long positions in watches? Or are they just completely naked long?

I read naked and came in here looking for a naked straddle. Oh, for a Rolex��

BTW if you’re long, you’re not naked; long/covered means you have the asset to deliver (commodity, contract, or stock).

Al1969 · 31 May 2022, 02:05 AM

Quote:

Originally Posted by beshannon

Quality post for the price/shopping/relationship forum!

Bravo!

X2. Has TRF been renamed? “Trading Rolex Futures”?

rolexonlywatch · 31 May 2022, 03:21 AM

Do grey markets sell covered rolex options?

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30 May 2022, 07:18 AM	#1
the1maestro "TRF" Member Join Date: Mar 2019 Location: Michigan Posts: 128	Hedging? Is there a way for a Grey Market dealer to sell short to hedge against their huge long positions in watches? Or are they just completely naked long?

30 May 2022, 07:27 AM	#2
Roger Lococco "TRF" Member Join Date: Feb 2018 Real Name: Roger Lococco Location: Asia Watch: 126719BLRO Pepsi Posts: 2,980	No real way to hedge used watches. Sent from my iPhone using Tapatalk __________________ 116500 Daytona White Dial 126710BLNR GMT II 126719BLRO Blue Dial Pepsi GMT II

30 May 2022, 07:49 AM	#3
Lamontsanders "TRF" Member Join Date: May 2012 Location: OH Posts: 712	Watches. Are. Not. Stocks. __________________ Rolex: 114060, 116600, 116610LV, 116660 JC, 116710BLNR, 126710BLRO, 326934 x 2, 16520, 16660 x 2, 16800, 16030 Tudor: BB Pro, Pelagos LHD, P01 VC: 4500v

30 May 2022, 09:13 PM	#15
Gary Busey "TRF" Member Join Date: Feb 2011 Location: Pothole Watch: Tudor Black Bay Posts: 890	Sent from my iPhone using Tapatalk __________________ Tudor Black Bay Red Rose ETA Rolex 214270 Explorer 1 Tudor BB 41 Blue Dial Doxa Sub 200, SKX009 Aquastar Deepstar

30 May 2022, 07:55 AM	#4
Turbo Racer "TRF" Member Join Date: May 2021 Location: USA Watch: Rolex and Patek Posts: 1,027	Buy the dip lol In all seriousness, unless you are in the business of selling used watches, I think it’s not a good time to speculate. Business is business and prices go up and down. For me this is a hobby and while I don’t generally buy the hyped items, I will pay strong money for a piece I love and will wear. If it becomes worth more monetarily, great, but I generally don’t sell so it’s a moot point for me.

30 May 2022, 08:27 AM	#5
Chester01 "TRF" Member Join Date: Jun 2018 Location: East Coast Watch: 16610 Posts: 4,933	By not dropping prices and when they do, only very, very little and likely collaborating with others on that to ensure things remain stable.

30 May 2022, 11:09 AM	#7
Njkdog Banned Join Date: Mar 2020 Location: NJ Watch: Speedy reduced Posts: 507	Convince a friend or family memeber to let you borrow their watch. Then sell it. And if they ask for it back, rebuy it. That’s exactly what a hedge is. Be ballsy, go for it

30 May 2022, 11:16 AM	#8
espanol 2024 Pledge Member Join Date: Nov 2020 Real Name: Mitchell Location: EST, EAT Watch: Trusty Explorer Posts: 1,082	This post is insanely stupid. Watches are not “stonks.” From the bottom of my heart, I hope the people that use these terms toward watches end up “crashing the market.”

30 May 2022, 01:17 PM	#10
teck21 "TRF" Member Join Date: Nov 2018 Real Name: Teck Location: South East Asia Watch: Tudor Black Bay 58 Posts: 1,846	Rolex futures, that’d be funny. Sent from my iPhone using Tapatalk

30 May 2022, 01:40 PM	#11
ExplorerI "TRF" Member Join Date: Aug 2020 Location: USA Watch: Explorer I Posts: 741	So far watch prices seem highly correlated with stocks and other more speculative assets. So they could just buy spy puts

30 May 2022, 02:25 PM	#13
TunaTuna 2024 Pledge Member Join Date: Jun 2021 Location: Merica Posts: 1,331	Sell to Nico Leonard... he's short

30 May 2022, 09:31 PM	#16
PepsiBezel 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Jul 2017 Location: USA Watch: Neo-Vintage Posts: 1,212	I don’t think Greys, particularly those who sell Rolex, are taking long positions. I think the name of their game is quick turnover with smaller margins.

30 May 2022, 10:24 PM	#20
macrowatch "TRF" Member Join Date: Aug 2018 Location: HK Posts: 4,366	Yeah, gray dealer sell all stock to get rid of Long secondary position, then buy WOS stock to go long primary market. Lol.

30 May 2022, 10:32 PM	#21
Easy E 2024 SubLV41 Pledge Member Join Date: Jun 2017 Location: GA Posts: 5,072	Was there a contest for most retarded thread of the month that I missed? Short on physical inventory? Seriously?

30 May 2022, 11:27 PM	#23
Cheesepizzalover "TRF" Member Join Date: May 2022 Location: US Watch: my wife Posts: 11	Just learn options jfc lol.

30 May 2022, 11:35 PM	#24
John Fugate "TRF" Member Join Date: Nov 2009 Location: Kentucky Posts: 58	The Greys are so far ahead of the game at this point , they are free rolling on their current inventory , it’s has long since been paid for. They deserve it , they are the risk takers. They put their money up to buy this stuff to resell it come what may. They have been highly successful in their gamble in last few years. The thing about it they don’t twist nobody’s arm to buy anything. I buy from Ad’s , individuals , Grey Market gurus and whoever else has what I want to buy at the price I want to pay. Grey dealers go long putting it all on the line , they don’t hedge nor can they. They have the stones to pony up play the game win lose or draw.

31 May 2022, 12:00 AM	#26
zengineer "TRF" Member Join Date: Jul 2016 Location: Michigan Posts: 4,588	I suspect a long established grey dealer thinks more in terms of the coat to replace inventory and if the retail market price drops so too will his cost to restock. Sent from my SM-G991U using Tapatalk

31 May 2022, 03:21 AM	#29
rolexonlywatch Banned Join Date: Aug 2020 Real Name: Ray Location: US Watch: DJ2 41mm Winbledon Posts: 146	Do grey markets sell covered rolex options? Sent from my iPhone using Tapatalk

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