To The Moon

Thank your Mr. Trump. Benefit more from you compared to my own government. 🤣   *It's a joke but true. For people with no sense of humor. 🙄 

$SPDR S&P 500 ETF Trust(SPY)$  I do not have 15 years of experience yet but hopefully I will be able to beat the SP500 consistantly. The most important way to beat the market is to invest in quality stocks, stay updated and keep up with news and earnings but to also trade (buy puts to hedge, sell puts and calls for income to reinvest). Also, keep cool and calm, do not trade on emotions. Take the night off if you're not feeling it or losing your emotions. Do not force a trade. (I try to remind myself daily but still fail at it sometimes)

Does it really matter? I have my portfolio hedged and ready to sell puts. Always be vigilant,  buy puts to hedge or sell puts to get the stocks you want in your portfolio at an even more attractive price.  If not, just get extra income with the attractive short put premiums as such high IV.  Remember to not be tempted by the premiums and sell puts on random stocks just because the premium high, do you own DD and sell puts on quality stocks. Good luck everyone!

I think learning to hedge using options is a skill that investors as well as traders should have in their arsenal. I decided to hedge my downside risk when the market rally started to get shaken by inflation news, jobs data and news of a hard landing and also the spike in the vix (volatility).  I hedged by buying $NVIDIA Corp(NVDA)$  and $Invesco QQQ(QQQ)$  puts as NVDA was my largest position. Why didn't I just sell my NVDA and buy the dips? That's because my average cost on NVDA is really low and I'm still bullish on NVDA and would like to keep my position. The hedged allowed me to hold my entire NVDA position without it losing value, potentially lowering my average cost even fut

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]

$WDAY STRANGLE 240301 CALL 370.0/PUT 260.0$ IV crush strangle from yesterday was a success and now to find the next company that's reporting earnings and repeat. 

$WDAY STRANGLE 240301 CALL 370.0/PUT 260.0$ 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!