$NVIDIA(NVDA)$ ๐ถ๐ Why I Just Sold NVDA to Take Profit โ Daily Chart + Minute Chart + My Cash-Secured Put Plan Today I decided to take profit on NVDA at around $219.20 ๐ถ๐ฐ. I only sold a tiny fraction of my position, but the reason is important: I want to lock in gains while the stock is showing signs of short-term weakness. My next plan is to sell a cash-secured put at the $195 strike and collect premium while waiting for a better entry price. ๐ฆด๐ ๐๐ถ What I Saw on the Daily Chart Looking at the daily chart, NVDA recently rallied strongly and moved above the $222โ223 resistance area ๐๐. However, todayโs candle pulled back after touching that region. The stock is now trading around $219, which is below the recent intraday high. That tells me mome
๐ถ๐ Why I Sell a Long-Dated PLTR Put 15 Months Away โ The Options Puppy Way SG61 Trading Arena for SGX Listed Securities!
When people see that I sold a PLTR put expiring 15 months away, they often ask me, โ๐ถ Why not sell a weekly put and collect premium faster?โ My answer is simple: I prefer getting paid today while giving my investment thesis more time to work. I am not trying to predict tomorrowโs price movement; I am trying to build income patiently, just like an Options Puppy waiting for treats to come over time. ๐ฆด๐ฐ ๐ถ๐ก My First Rule: I Must Be Willing to Own PLTR Before I sell any put, I ask myself one important question: Would I be happy to own 100 shares if assigned? ๐ค๐ If my answer is โno,โ I do not sell the put. Selling a put means I may have to buy the shares later, so I treat it as a real investment decision, not a lottery ticket. ๐ฏ๐พ For PLTR, I believe the company has long-term growth potential in
๐ฅ My Gold Covered Call Strategy: How I Earn Income Even When Gold Falls For many investors, gold is seen as a safe-haven asset that protects wealth during uncertain times. While many people simply buy gold and hope the price rises, I prefer to make my investment work harder by using a covered call strategy. This approach allows me to generate additional income while holding my gold ETF, even during periods when gold prices move sideways or decline. Recently, gold experienced a sharp correction. After reaching around 4,800, it fell back to around 4,000. Despite this decline, my portfolio still managed to remain slightly profitable because of the option premiums I collected from selling covered calls. This experience reinforced why I believe covered calls are an excellent strategy for long-t