February was great, stocks performed well and my new options strangle strategy was performing as well. Will continue to test the strategy in March. Good luck and all the best for March everyone! [Miser]
$WDAY STRANGLE 240301 CALL 370.0/PUT 260.0$ Expecting $Workday(WDAY)$ to make a 8-10% move in either direction for this earnings report but I'll use a +-15% stranggle to optimise RoR (IV crush), I'm also fine with stocks being being assigned or getting called away.
$NVIDIA Corp(NVDA)$ is a long term hold for me. Will not jump into buying other chip stocks for now as NVDA is considered cheap compared to the others. What many might do wrong is jumping into another chip stock thinking its the next NVDA. My target price is about $1200. Their earnings shown a growth of about 8%. However, Nvidia is making a China Complaint chip for the China Market that is said to launch this year, I can only see more growth ahead unless there's a change in future news. I will continue to sell calls and puts to optimise RoR. Their graphics and data center side still strong as usual. I was expecting a +-15% change after earnings report and its currently up 8% after market, It's a good repor
$NVIDIA Corp(NVDA)$ NVDIA is a long term hold for me. My target price is about $1200. Their earnings shown a growth of about 8%. However, Nvidia is making a China Complaint chip for the China Market that is said to launch this year, I can only see more growth ahead unless there's a change in future news. I will continue to sell calls and puts to optimise RoR. Their graphics and data center side still strong as usual. I was expecting a +-15% change after earnings report and its currently up 8% after market, It's a good report and I'll get to keep the premiums from my strangle. Wouldn't mind buying more at 545 or selling at 940 (highly unlikely by this week). $NVDA STRANGLE 240223 PUT 545.0/CALL 940.
$NVDA STRANGLE 240223 PUT 545.0/CALL 940.0$ I am expecting a movement of +-15% at the release of $NVIDIA Corp(NVDA)$ earning report. Opened a strangle to earn premium (maybe iv crush) or buy more at attractive price or sell my shares if it reaches that high. Not going to be the direction with a buy option. Good luck everyone!
$Tiger Brokers(TIGR)$ I would say both are equally important. Timing would be important for traders while ticker would be more important for investors. Traders are always looking for the right time to jump in and out of a trade, what they need is a ticker with volatile no matter the quality of the ticker. Investors would look for a ticker that shows good management, growth potential for the long run. For me, i try to get a good timing (CSP) and a good ticker, that's definitely a way to optimise your RoR. [Miser]
This year I'm going to try out even more options strategy and try to make my very own and also to be even more level headed (emotionless) to prevent any impulsive or stupid trades that would lower my win rate and hopefully allow me to continue beating the indexes. Apart from investments and trading, probably start reading a little more, DRINK LESS and spend quality time with the family. Lastly, to get a job. welp![Facepalm]
$TQQQ STRANGLE 240223 CALL 62.5/PUT 48.5$ With the recent slightly hotter than expected inflation data, the market took a dive and recovered slightly before the close, I am expecting the market to be ranged bound for awhile with other economic data this week. Opened a few strangle contract on $Nasdaq100 Bull 3X ETF(TQQQ)$ expiring next week to earn premium or acquire/sell some at an attractive price. [Cool]
2023, my portfolio was lifted mostly by big growth stocks while value stocks helped to balance with its low volatility while small grow stocks really lagged behind due to the high interest rate environment. However, I am optimistic that this year would be great for my bag of small growth stocks as we look forward to interest rate cuts. Hopefully the rate cuts would also continue to give big growth stocks a boost. Would be wise to trim some positions that has grown and became too heavy in the portfolio and hold some cash, but let's give it somevtime and reassess constantly.