I closed $TSLA DIAGONAL 241220/241227 CALL 410.0/CALL 412.5$ ,Rolled tsla covered call out to next week at a higher strike for a credit of $175. I get to keep last week's premium of $180. I will just keep rolling the covered call every week until it expires worthless and keep collecting premium
I closed $Amazon.com(AMZN)$ ,Amzn is breaking down from a rising wedge pattern so I decided to take some profits to raise money. If there is a correction I will have some ammo to buy stocks at a discount. Long term amzn is a great stock to own but I think a pullback is due
I opened $TransMedics Group, Inc.(TMDX)$ ,Bought some tmdx shares as it bounced off the 200 week simple moving average and it over sold with bullish divergence on the rsi. The 200 week sma held as support previously there's a good chance it will hold again
I closed $TSLA DIAGONAL 241213/241220 CALL 405.0/CALL 410.0$ ,Rolled my tsla covered call up to $410 For a credit of $180. I get to keep the previous premium of $240 for selling the $405 call. Every week I will keep rolling the call up and earn premium. This is possible with tsla cos the implied volatility is so high thus the premium is good. This covered call strategy pays so much more than any dividend stocks
I opened $TSLA 20241213 405.0 CALL$ ,Sold another tsla covered call as price seems to facing some resistance At $374. After breaking out of $360 the next target will be the all time high at $400 but price might consolidate here for awhile and I sold the $405 strike so it should be pretty safe
I closed $TSLA 20241206 380.0 CALL$ ,Took profits from my tsla covered call as price action is bullish. Tsla seems to be in an accumulation pattern forming a cup and handle in the 5min time frame. The indexes are also bullish, keep making new highs. Making 83% in 2 days is good trade for me.
I closed $Lululemon Athletica(LULU)$ ,Sold some lulu stock before earnings as there is bearish divergence forming. Price is making a higher high but rsi is making a lower high. This doesn't mean that it will definitely drop. If they report good earnings then price will continue to rise, so I only sold 25% of my holdings.
I opened $TSLA 20241206 380.0 CALL$ ,Sold covered call on my tsla shares again this week the price action seems very bullish but $357 is a very strong resistance I think price will consolidate more before breaking out of it. I sold at a high strike price in case it breaks through the resistance
I closed $TSLA 20241129 375.0 CALL$ ,Tsla covered call expires worthless I get to keep the entire premium of $237, not bad for a week's trade. I believe tsla stock will reach $400 by end of the year so I will be more cautious selling covered calls going forward
I opened $TSLA 20241129 375.0 CALL$ ,Sold covered call on my tsla shares as $360 seems like a very tough resistance to break price keeps getting rejected there. I think there will be more consolidation before it breaks that resistance so selling covered call at higher strike can earn some premium while price goes sideways
I opened $iShares Semiconductor ETF(SOXX)$ ,Bought some soxx to bet on nvda earnings. I believe demand for nvda's chips are still high and they will beat earnings but don't want to buy nvda near all time highs. Good results from nvda will lift all semiconductor stocks and soxx is at a technical support thus buying soxx is a better risk to reward trade
I opened $iShares 20+ Year Treasury Bond ETF(TLT)$ ,Bought some tlt to dca as I believe treasury yields are topping. I doubt the US10y will go above 4.5%. The fed has already begun rate cuts I don't think that they will raise rates again unless inflation rises out of control. The fed is projected to cut another quarter percent in the next meeting which is bullish for the tlt
I closed $TSLA 20241122 360.0 CALL$ ,Decided to close tsla covered call early for a small profit as price turns bullish. Tsla is gaining while the rest of the market is selling off. The S&P is at the 20 sma and could find support there and rally through the new year
I closed $2X BITCOIN STRATEGY ETF(BITX)$ ,Took profit from my bitx trade. Made 60% in a few days. I believe bitcoin will go above 100k by year end but it might pull back in the short term. leveraged ETFs Will Pullback more then BTC thus it's not meant for long term holding so just take my profit and run
I opened $TSLA 20241122 360.0 CALL$ ,Sold another covered call on my tsla shares as price made a lower low I believe tsla is pulling back after a very nice pump which is healthy this will give investors a better entry. 300 will be the next support level and below that is $270 if price drops to $270 it would be a gift
I closed $TSLA 20241115 380.0 CALL$ ,Closed my covered call for a very nice profit as there isn't Much value left in the contract. Tsla is pulling back after a very nice pump giving my portfolio a very nice profit making money on the way up and down as well. Will be selling another call as I believe tsla will pull back some more
I closed $CELH 20241129 36.0 CALL$ ,Closed celh covered call as there isn't much value left. Price keeps dropping doesn't seem like it has found a bottom. It's lower than the price that Pepsi bought 8% of the company hopefully they will buy up the whole company and stop the price from falling further haha
I opened $TSLA 20241115 380.0 CALL$ ,Sold covered call on my tsla shares as I believe tsla has hit a significant resistance after a strong rally. Price seems to have stalled at $360 maybe price might pullback or consolidate before continuing Higher. So by selling a call I can earn some income while waiting for price to recover
I opened $CELH 20241129 36.0 CALL$ ,Celh reported really disappointing results. Price bounced off $28 this is roughly the price where Pepsi took a 8.5% stake in celh. If price drops lower Pepsi might buy the whole company