To The Moon

Tesla. Once all strategic plans are in place and waiting for the execution of the action plans in coming months ahead. The growth for Tesla is beyond our imagination. 1) Expansion into Potential key markets in Europe and Asia Pacific with key low cost production plans in Indonesia. 2) The Go-ahead signal of Robo taxis globally especially in key US cities. E.g. Tesla should focus in key cities like New York, LA, Chicago first before rolling out in force. 3) Economic EV cars for the mass market with a sub-branding like “ Eco Tesla” for the future. 4) The partnership with main charging companies like Chargepoint or others than developing your own charging point will be more cost effective than having higher SAR costs. 5) A MOU to be worked out with key government/countries who are securing go

All the economic data releases only point to one outcome: fed leaving rates unchanged.  Data doesn't support rate cut since inflationary pressures aren't easing & fed has no incentive to hike more since it will bring bad press (elections coming this Nov). It will just be cafe chit chit session but fret not, the economists will help to create some korean drama or  Christopher Nolan movie out of it, to give the markers some excitement.  So skip the fed and go straight to the analyst reports!

If the FOMC decides to keep interest rates unchanged in the upcoming meeting, despite unconvincing inflation trends that don't strongly support rate cuts, this could signal a cautious approach from the Federal Reserve. The decision to hold rates steady suggests that the Fed might be prioritizing economic stability and monitoring further economic indicators before committing to any rate adjustments. This approach could reflect concerns about potential inflationary pressures not fully abating, or uncertainty in the economic outlook, prompting a wait-and-see strategy to better gauge the need for future monetary policy adjustments. If the Federal Reserve opts to keep interest rates unchanged in the face of persistent inflation, this decision could negatively affect the market in several ways.

$Sea Ltd(SE)$ The stock price went from $23 to $60 in no time, for no reason, despite weak fundamentals.It is too late to chase this Bubble. TikTok is killing SE! Do not get trapped . The revenue is collapsing. The company has too many employees for nothing. The management has diluted the stock ownership 3 months ago below $36 because they know that the stock worth way less than $30. The loss will grow. Expect again 35-40% quick drop after the ER Disaster.

$Sea Ltd(SE)$ It's hilarious how human psychology works. I have been live trading $SE from my high $38 and $40 entries. Literally on Feb 1st before it went nuts, people hated the stock at that time Now it's at a HTF resistance/supply, and a popular account posted a mega bullish chart right at resistance after a 67% move in the last 3 months, people wanna go giga long now?? :) Don't get me wrong, I have been hitting SE since Jan/Feb and still think it does well medium to long term. However, funny how human psychology works :)

I closed $QQQ 20240430 429.0 CALL$  ,Quick scalp, opening in yesterday range, due to today employment cost data there are overnight inventory to be cleared, watching the market reclaim vwap around 940am, didn't chase it because the price moved too fast, look for a reentry near vwap, took the chance at 5 minutes later, risky as the market internals are not healthy, but POC is there so is a 50:50 bet, market quickly reclaimed the vwap again but indecisive, knowing there are few important ER after market closed and tomorrow FOMC, decided to exit it as quick scalp, the market then pushed it higher, unexpected but since we are in choppy zone, there should be plenty of chance later, and it did.

I closed 4.0 unit(s) $EL DIAGONAL 240517/240719 CALL 150.0/CALL 155.0$  ,Earnings is coming. Uncertain in the direction of move. As this is covered call position, the risk is on the upside. Decided to roll the call further in time to the next strike price for a credit. June is insufficient for credit, have to roll until July. Let’s see how does earnings go

I closed $QQQ 20240430 429.0 CALL$  ,So I reentered too early, didn't wait for the vwap retest instead I reentered based on my ema, too bad it broke the vwap but recaptured quickly due to aapl, looking at the momentum I should have covered at the resistance but aapl looks promising, so I waited, turned out I spot a second entry at the cut loss zone of buyer which is slightly below the opening range, yes market maker has shaked you out if you set cut loss just below the opening range, as expected it then moving towards vwap, about to covered at vwap if market reject it, turn out it continue moving to the intraday resistance, but it is risky to earn the last penny, so covered early, exited with small profit again knowing ho

$SUPER MICRO COMPUTER INC(SMCI)$ I would buy if the price falls below $800. I won't bore you with all the details of earning. All I care about is the guidance of fourth quarter and 2025.  Fourth Quarter Forecast Sees adjusted EPS $7.62 to $8.42, estimate $6.97 (Bloomberg Consensus) Sees net sales $5.1 billion to $5.5 billion, estimate $4.73 billion Surprisingly $SMCI looks more attractive than $AMD now

I opened $SPGI VERTICAL 240607 PUT 395.0/PUT 400.0$  ,Price is near the 50 moving average at $405.56. This may act as a good support level. In the daily chart, price is trading around 150 moving average. I have also notice the 200 moving average at $407.69. Based on these, I have decided to setup this bull put spread with strike price of $400, as I am expecting the price to move up or stay above $400, given the recent good earnings result.

I opened $RBLX 20240510 33.5 PUT$  ,👾 RBLX caught my eye recently. Investors are keenly awaiting Roblox's upcoming earnings report due on May 9, 2024. Revenue is projected to reach $931.05 million, marking a 20.32% increase from the same quarter last year. For the full year, earnings are forecasted at -$2.09 per share with revenues predicted to hit $4.23 billion, reflecting a growth of 20.12% year-over-year. Roblox also has a consensus price target of $39.81, but recent ratings from Benchmark, JP Morgan, and Stifel suggest a higher target of $50.33, implying a potential upside of 41.74%. Furthermore, with the strong Gamma Exposure (GEX) at 34-35 levels, indicating moderate zone of support, I'm optimistic about Roblox’s nea

I opened $BP 20240517 37.5 PUT$  ,🛢️ BP is an attractive play now, as it trades at a P/E ratio of 7.60, well below its industry average of 9.51. Over the past year, BP’s Forward P/E ranged from 5.27 to 7.82, typically staying around 6.64. Additionally, BP’s P/B ratio stands at 1.30, favorable compared to its industry’s average of 1.52, signaling good value relative to its book assets. Its P/S ratio of 0.52, which compares sales to stock price, also stands out positively against the industry average of 0.65, reflecting a solid performance indicator that’s harder to manipulate. Add to this, the P/CF ratio of 3.65 emphasizes BP’s strong cash flow perspective, notably better than the industry average of 5.46. BP’s P/CF has range

I opened $COIN VERTICAL 240510 PUT 190.0/PUT 195.0$  ,🪙 With positive GEX at 200 and negative GEX at 217.5, dealers seem to be gearing up for an upward move. Here’s a bullish play with a bull credit put spread. Wish us luck! 🧧

I opened 2 lot(s) $TSLA 20240621 225.0 CALL$  ,Just can’t resist shorting tesla after the run up. Risky move though, cos tesla “investors” are not typical investors. Have some spare funds cos was bz taking profits. $225 should have some margin of safety if there’s a big move up. Can always roll further up in time

The market had gone overboard with their expectations. AMD had gone from under $100 to over $200. At this $150 level, it is anybody's guess if this is the correct price.  I feel the market have gine into a sell-in-May phase. Better to wait a few weeks before taking positions.

PLTR will go up to 27$. Price tested 20SMA at weekly time frame and formed Harami candle.

I opened $SOFI 20240531 7.0 PUT$  ,SOFI: sold new cash covered puts on SoFi with strike at $7 and 25 days till expiry, premium collection is 3.4% during this period. Continue to view $7 as the support level as market close back above $7 today after last week’s closing at $6.96. Continue to be long term bullish on SoFi and on accumulation stage whenever SoFi goes below $7 and if it doesn’t, collect premiums through the puts sold.

I opened $AAPL VERTICAL 240531 CALL 185.0/CALL 190.0$  ,APPL: sold bear call on APPL with strike set at $185/$190. Contract duration is 25 days expiring on 31st May. Premium collection if correct is $135 over max risk $500 per contract so that’s 27% returns. APPL had a pull back despite a bullish market today. Probably to Berkshire’s call that they had trimmed APPL share in Q1 and Mr Buffet had broad base followers. decided to sold these bear calls set at recent high and don’t think it’s retest until better earnings next quarter. The recent peak also coincide with downward channel top providing another layer of resistance.