RUW
12-20

Santa rally was a bust. I have over 8k unrealised loss on shares I hold on $Direxion Daily TSLA Bull 2X Shares(TSLL)$  $MARA Holdings(MARA)$  $AST SpaceMobile, Inc.(ASTS)$  

But I did something right before this bloodbath. I closed all my weekly positions (lucky) and started writing LEAPS puts and some calls. This gave me about 20k premium. [Miser]  And what did I do with this 20k??? I bought more shares at a discount. [Cool]  Holding weekly expiring this week could have been a major mistake. When the prices bounce back, my put LEAPS will be in the green and can be closed early in case. 

Modified in.12-20
Santa Rally Begins! How to Trade December?
S&P 500 has risen 5.73% this month. With the index continuously hitting new highs, several Wall Street investment banks have raised their targets for U.S. stocks in 2025. Nearly all major investment banks predict further gains for U.S. stocks next year. The most optimistic is Deutsche Bank, which has set a year-end 2025 target of 7,000 points for the S&P 500. However, analysts also caution investors to consider the risks of high valuations. --------------- How's your protfolio going in November? Will santa rally happen after so many gains in November? Are you bullish on S&P 500?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • popzi
    12-20 10:57
    popzi
    smart decision
    • RUW: 
      Thanks. [Smile]
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