@jace0777:I closed $SNAP 20240426 10.5 PUT$ ,🏦 ka-Ching! SNAP had a nice gap up from earning announcement. It delivered an impressively strong performance this Q1, beating estimates on all levels! Booked my 97% credit profits over 17 days. Great testament to a fairly accurate read of the fundamentals! Keep it going! 💪
@jace0777:I opened $MRVL 20240503 72.0 CALL$ ,🎡 wheeling MRVL this time. Noted a strong negative gamma at 70 but not much more above that. This is indicative of a price pull to 70, but price may lack conviction to move further up in the next week. So experimenting with a covered call at 72, a little lower than my cost basis to try and capture more premium. Let’s see if this experiment pans out well next week. 🤞
I think his wife should buy the whole street. Singapore is considered a safe haven, even if property prices dropped in future, land is still in high demand as compared to other Asian countries. so nothing surprising that they choose to park their money in property in Singapore. maybe if we walk past there often enough, can catch a glimpse of them. haha