I closed $SPY 20241220 594.0 CALL$ ,Nice reversal from SPY on Friday making this call contract achieving close to 80% gain over 1 day. The PCE index gave the market a much needed boost after the hawkish FOMC on Wednesday. With all major news behind us, expect the Santa rally next week to charge into the new year! ๐ฅณ
I closed $NKE STRADDLE 241227 PUT 77.0/CALL 77.0$ ,Price action didn't move a bit after earnings. IV crush has eroded the value of option and need to cut loss soon after open.
I opened $ocbc bank(O39.SI)$ ,A discounted buy of one if the three local banks in the sunny island. More opportunities ahead to DCA for dividend income โ๏ธ ๐๏ธ ๐
I opened $NKE STRADDLE 241227 PUT 77.0/CALL 77.0$ ,NKE moved 11% and declined back to ground zero after reporting. Not what the market is expecting from a positive earnings call. Could a bottom be found finally?
$Micron Technology(MU)$ $MU | Micron beat earnings estimates and revenue was in-line but Q2 outlook was weaker than expected. The stock is -14.3% after hours. ๐น EPS: $1.79 vs. $1.76 est. โ ๐น Revenue: $8.71B vs. $8.71B est. ๐ Key takeaways: ๐ธ Networking revenue: +46% YoY ๐ธ Data center revenue: 50%+ of total revenue ๐ธ Q2 revenue outlook: $7.7B-$8.1B ($8.9B est.) ๐ธ Q2 EPS outlook: $1.33-$1.53 ($1.93 est.) Join me at https://discord.gg/AY8VBrND to ride the market with profits today! ๐ค
I closed $MU STRADDLE 241227 PUT 110.0/CALL 110.0$ ,All out with the final tranche of runners bringing more than 65% profits from the downward pressure towards 85 support level. More updates on NKE and FDX earnings result coming up here https://discord.gg/Hd8Pr5zj
I closed $MU STRADDLE 250103 PUT 110.0/CALL 110.0$ ,Continue to scale out with 60% gains from MU's post earnings call posted on https://discord.gg/Hd8Pr5zj Come join us to ride the market with profits today!
I closed $NKE 20241220 75.0 PUT$ ,Decided to close the sell put leg on NKE before earnings call. Still holding the long calls preparing to wim Big or lose all. Unsure if NKE can Just Do It or really Cannot Make It? ๐ค
I opened $MU STRADDLE 250103 PUT 110.0/CALL 110.0$ ,Added another round of straddle on MU with a further expiration expecting wild swings from its earnings call. Follow my posting live via https://discord.gg/AY8VBrND and find out my next earnings play for tomorrow! ๐ค
I opened $MU STRADDLE 241227 PUT 110.0/CALL 110.0$ ,What a bloodshed after FOMC! Fortunate to have taken this position at 110 before the plunge with close to 20% profit after hours. Let's see what can we get at https://discord.gg/AY8VBrND when market opens on Thursday!
I opened $MU 20241227 98.0 PUT$ ,Sell put on MU expecting positive earnings report after FOMC. Will take on MU earnings play right tomorrow as well. Stay tuned!