To The Moon

From where I stand, it looks like the major selloff that happened before the announcement has already been priced in. If the guidance comes in positive, that might be enough to spark a rally. I'm considering adding some calls if $IBM(IBM)$  can get back to the 207 area.

$IBM(IBM)$ I waited for the initial panic to settle, and the price action is now close enough to my target zone to start deploying capital. I sold the October $165 puts for $3.10. That gives an effective cost basis of $161.90 if assigned, a level I'd be happy to own for a long-term hold. With the full earnings report coming up, I don't see them dropping another major surprise; management already had their chance with the pre-announcement and laid their cards on the table. For now, I'm comfortable with the put writes. I may add some LEAPs or start scaling into common equity depending on the earnings reaction.

$IBM(IBM)$ IBM is looking oversold after that big drop. It's down a lot in one day. I'm hoping for a bounce after earnings.

$SK hynix(SKHY)$ As Martin Shkreli once pointed out, it's nearly impossible to time the absolute bottom perfectly. What matters more is having conviction in the quality of the stock you're buying. This one is trading at a forward P/E of less than 5.

$SpaceX(SPCX)$ I'm personally happy to hold this for the long term. The specific entry point doesn't seem as crucial, given the company's broader role and potential.

$SpaceX(SPCX)$ Interesting to see them offering shares below the IPO price.

$hynix-WI(SKHYV)$  They're generating a massive amount of revenue. Honestly, the valuation still looks reasonable at these levels.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ I sold at $4.69 before the close, after holding for three days from a $3.90 entry. That's about a 20% gain.

$Netlist, Inc.(NLST)$ $hynix-WI(SKHYV)$ Netlist has been pretty aggressive in going after companies they believe infringe on their patents, with the latest being that ITC complaint against Samsung, Google, and others. It's interesting that SK Hynix hasn't been targeted in the same manner. To me, that suggests the relationship between them is still on decent terms and that the expired contract is probably still in effect informally. I'm looking forward to seeing the official renewal announcement after SK Hynix's IPO honeymoon period is over, and what that might lead to.

I'm keeping an eye on this one after the recent pullback. The risk/reward setup looks more interesting now, with a defined support level around $80 where a bounce could potentially occur. The broader space sector has been under pressure following the $SpaceX(SPCX)$  IPO sell-off, which triggered a wave of sympathy selling across related stocks. Several space names are now trading well below their recent highs, even though the long-term industry thesis still seems solid. I remain constructive on $Rocket Lab USA, Inc.(RKLB)$ 's long-term potential. Short-term volatility can create opportunities, but it's about managing risk and waiting for confirmation.