This was a good short term win…I would have let it run the rest of the week, but wanted to take this profit to make sure I locked it in. Instantly rolled it into the short term $XOM call. If that goes well, it’s $100 to $1,000+ in about a month. I don’t chase short term plays like this much, but the opportunity is perfect. 😎 @maxstocks - third in a row of profits being miscalculated, or in this case, absent. I know the options thing is new, just tagging so that it is noticed and perhaps fixed in time. 😁👍
$NVDA: Stochastic crossovers at overbought zone have recently preceded pullbacks to the 20DMA or lower. Different this time? The gap says no, a downward move is coming and the 20DMA + Volume shelf can provide support.
Big news today for active traders and options traders. $TQQQ has officially been added to Monday and Wednesday’s for expiration dates along with the traditional friday! May the market be in your favour.
Sold a $NOK$10 cash-secured put. $54 premium collected 31 DTE $9.46 effective entry if assigned I’ve been watching Nokia for a while. The AI/data center networking opportunity is interesting, and I like the direction the business is heading. No problem owning 100 shares at $9.46 if it drops. Either I collect the premium, or I add a company I believe has room to grow. 💰read more
Happy Monday ☕️ $160 strike • 32 DTE $550 premium collected 39% annualized I’m happy owning $RDDT at $160, especially with its S&P 500 inclusion, so assignment doesn’t bother me. That said, if I can lock in around 60% of the premium early, I’ll probably take the win, free up the capital, and move on to the next trade. 💰 Not financial advice. read more