@OptionsDelta:Missed the GME frenzy? No need to panic, there are plenty of stable money-making opportunities this week.Despite being monthly options expiration, the overall tech market is exhibiting the same lackluster choppy action as last week - presenting excellent opportunities to sell puts or covered calls. Why not harvest some premium during these rangebound periods?Of course, some may want to go all-in on meme stocks like GME and AMC. No issues there - at this pivotal juncture, any risk warnings pale in comparison to the potential upside. I'll provide an update on GME and AMC option positioning in the next post.Nvidia (NVDA)Nvidia is likely to remain rangebound between $850-920 this week. Consider selling the $NVDA 20240517 850 PUT$ <
@wavyloo:The popcorn sales and upcoming credit card gets AMC out of the theaters and into everything.I have to drive an hour and a half to the nearest AMC theater. Now I can go to walmart and support my investment buying popcorn.It may not seem like much but it's more than the rare opportunity to see a movie in an AMC theater.$AMC Entertainment(AMC)$
@tscgb:$Rivian Automotive, Inc.(RIVN)$ Date: 20 March 2023 Technical Indicators Moving Average: The current price is below exponential moving average. RSI highlight is currently showing neutral. On-balance volume (OBV) is currently showing that it is falling. In conclusion, personally I feel that what the technical indicators are showing, the price will fall over the next few days or even over the next few weeks. Let's see if I am correct or wrong in this analysis.