Base Case: Escalation of Israel-Hamas war(IHW). What I mean by escalation? 1) When Israel's ground invasion begins 2) More countries takes sides by way of expression of support via Media outlet 3) Countries begin to supply arms, technology, funds and troops 4) Conflicts in other regions that results in lives taken 5) sharp increase in deaths caused by IHW If you believe any of the above might happen, then it's fundamental news that will bulldoze and throw out most of the technical readings. Expect Gold $XAU/USD(XAUUSD.FOREX)$ and Silver $XAG/USD(XAGUSD.FOREX)$ spot to remain supported and continue to appreciat in value as long as there's escalation of war. If your views are as
which will you choose? 1) winning rate above 90% with returns of 100% or 2) winning rate of 30% with 1000% returns on capital? Follow me if your preference is option 1.
$PATH 20231201 19.5 CALL$ I do see the value in covered calls. But the premium and returns doesn't give As high returns if you have a high conviction on some equities. Straight out options could give 1:2 or even 1:10 returns when you get it right.
I closed 50 lot(s) $SLV 20231215 21.0 PUT$ ,Closed out half of my Put option to secure my capital investments. Will let the other half of my positions run.
I opened 10 lot(s) $HCF.HK 20240429 60.00 CALL$ ,PBOC RRR cut - Means more than one trillion in cash into the monetary system. SOE to stand to benefit too. Using HSCEI ETF to bet on rally in Chinese stocks
I closed 5 lot(s) $EPAC 20240119 30.0 CALL$ ,Profit take half of my positions. 250% returns. Need to fund those new positions that I took in US banks. Earnings season in the first half of Jan.