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@mster:I opened 1 lot(s) $TSLA 20240322 185.0 CALL$ ,Sold this weekly CCOption against my Tesla Underlying. Looking at technical, resistance to be around 180 by end of the week, if Tesla remain below 185 by end of this week, will keep the full premium collected, however, if the stock price goes above 185, corrective measures will be taken, as this strike is still below my cost, thus not ready for it to be called away yet.
@CYberviRus:$XPeng Inc.(XPEV)$ has been forming a higher high and higher low. It has also formed an intermediary swing low in last trading session, which indicated strength. $NIO Inc.(NIO)$ and $Li Auto(LI)$ have been trading higher after its financial report. The recent price dropped indicate retracement. Both of them have also formed an intermediary swing low in last trading session, which could indicate reversal to continue moving higher. $Faraday Future Intelligent Electric Inc.(FFIE)$
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@CYberviRus:$Taiwan Semiconductor Manufacturing(TSM)$ the world's largest contract chip manufacturer, has seen several positive days in the market recently. This significant price increase indicates positive investor sentiment. The global semiconductor industry is expected to continue growing, benefiting major players like TSM. The ongoing chip shortage and high demand for semiconductors from various industries (e.g., consumer electronics, automotive) bode well for TSM's production capacity. While short-term fluctuations might occur, TSM's position in the growing semiconductor industry offers long-term growth potential.
@OptionsDelta:mark 3 option transactions, all of which are sell call: $TQQQ 20240419 70.0 CALL$ $SOXL 20240517 50.0 CALL$ $SOXL 20240816 70.0 CALL$ TQQQ sell exercise price 70 I can understand. An out-of-the-money option on delta 0.2 equates to a monthly price move of less than 16%, and the leveraged ETF will fall faster if it moves sideways or down.The SOXL sell ATM call is a little harder to understand, though. Selling at-the-money call options on leveraged ETFs is similar to being bearish, and if chip stocks don't rise, the market has a high probability of a correction.If there are signs of a pull
@CYberviRus:$Semiconductor Bull 3X Shares(SOXL)$ performance is directly linked to the performance of the underlying semiconductor index. Any negative news or downturn in the sector could lead to significant losses in SOXL. SOXL, the Direxion Daily Semiconductor Bull 3X Shares ETF, experienced a positive day on March 6, 2024, closing at $50.22, a significant 7.22% increase from the previous day's closing price. The rise in SOXL could be attributed to positive news surrounding the semiconductor industry. Chipmakers like Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC) reported strong earnings, boosting investor confidence in the sector. The broader market sentiment also played a role. Major indices like the S&P 5