Nasdaq: +1.5% this week | Friday close: 25,818
With a packed calendar featuring Apple, AMD, Midterm elections, and U.S. jobs data, high volatility is guaranteed. My game plan focuses on a hedged dip-buying approach using cash-secured puts rather than chasing green candles.
1. Strategic Entry on $NVDA & $QQQ: Following the semiconductor pullback, selling OTM cash-secured puts on $NVDA and $QQQ lets me collect elevated volatility premiums while locking in favorable cost bases at lower support levels.
2. Defensive Hedging: To guard against election jitters or a surge in Treasury yields, I’m holding 20% in cash and running tight put spreads on $QQQ as downside insurance.
This setup earns yield from high IV while keeping risk tightly controlled.
💰Stocks to watch today?(4 November)
1. What news/movements are worth noting in the market today? Any stocks to watch?
2. What trading opportunities are there? Do you have any plans?
🎁 Make a post here, everyone stands a chance to win Tiger coins!
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