The year was a mixed year. In personal front was a bad year due to the loss of some persons . On financial front the stocks did well. Options front I am still trying to cover accumulated losses. But strategies are getting clearer and better. So I am confident that with time this can be turned over.
$AMN 20241220 20.0 PUT$ I am holding this stock at a big loss. However make best use of the situation by doing puts atabove the average buy price to bring additional income.
I wanted to cover my accumulated losses in options and become net positive for options trading by year end however that has not happened NVM I will plan by March 31@koolgal@BeatriceChau
@TigerEvents:[Events] Final Sprint: Crossing Off Remaining Goals!
$iShares MSCI South Korea ETF(EWY)$ Unfortunately it happened so fast that here in Asia we did not get the news until it was too late to take advantage and buy the dip.[Cry]
We seem to be discounting China for the US market. I believe there are many gems in the China market which can be bought cheap now. I expect the China market to zoom by end 2025. So pick and choose and sit tight!
$SUPER MICRO COMPUTER INC(SMCI)$ From a low near 17, the stock has jumped to 43+ and also 30% in a day. While the concerns are seemingly behind, we still have to wait for the filings to know the condition of the company. But going by reports the revenue and profit should be meeting expectations. I would say there is more upside and 50 will be reached I due course
$Tesla Motors(TSLA)$ I used to trade Tesla by buying below or near 200 and selling at 260~270 levels. But this time seems different. Something tells me not to sell, a gut feeling maybe! Let's see where that leads to !
@Sandyboy:$ProShares UltraPro Short QQQ(SQQQ)$ We have often heard the wolf (recession/market crash) is coming, so much that we nowadays ignore it. However I want to share a strategy for when the wolf really comes! However usin$ProShares UltraPro Short QQQ(SQQQ)$ you can build resilience into your portfolio Just buy and hold$ProShares UltraPro Short QQQ(SQQQ)$ when you think the market is high. Continue to buy at dips and DCA downwards Now if you find the cost of SQQQ going down further and you can't invest more, then you have to see your outlook. If the market has hit a high and you think it is downhill fr
As of today the action is on$Tesla Motors(TSLA)$ after the spectacular 22% jump, many call buyers have jumped in. Some Sellers estimated the peak low and got burnt! And others bought calls Many call buyers expected the price to drop and piled into calls. Let us see in coming days if the price goes down or up. It is THE stock to watch today!
$ProShares UltraPro Short QQQ(SQQQ)$ We have often heard the wolf (recession/market crash) is coming, so much that we nowadays ignore it. However I want to share a strategy for when the wolf really comes! However usin$ProShares UltraPro Short QQQ(SQQQ)$ you can build resilience into your portfolio Just buy and hold$ProShares UltraPro Short QQQ(SQQQ)$ when you think the market is high. Continue to buy at dips and DCA downwards Now if you find the cost of SQQQ going down further and you can't invest more, then you have to see your outlook. If the market has hit a high and you think it is downhill fr
$S&P 500(.SPX)$ I just noticed I don't have trade feeds on SPX even though its the most traded index. Does Tiger show trade feed on SPx? And discussion on trading options on SPX?
Buy the rumour sell the news. I believe this was factored in as S&P already near highs. Now that the speculation is over I believe there will be downward movement in the short term. In long term money supply will become cheaper and companies may take on more debt but that is another story.
I had picked up AMD PUT 134 basis 06/09 hoping for some stability. AMD was at 139 when I bought it 3 days before expiry However on expiry day the stock plummeted below my strike price. Knowing I will have to sell off to prevent assignment, I bought another put at a high price and thus averaged out te price . First put was at 1.22 and the second at 7.0, thus reduced losses As I sold at 5.30. This strategy was new to me but I am sure experienced options players know it. Also I had another put taken at 130 but luckily that held, for the same day. That was 0 day just to reduce losses and was taken at 0.1 USD.
The news is not clear On$NVIDIA Corp(NVDA)$ so I am hedging the bets. By my calculations the stock may move by 15-20 USD either way. So I have entered into a strangle with limits at 108 on lower side and 145 on the higher side Let's see how that pans out! Update: That went very well and both trades expired worthless netting me 100%