@Optionspuppy has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on $Invesco NASDAQ 100 ETF(QQQM)$ , $Palantir Technologies Inc.(PLTR)$ , $Manulife(MFC)$ , $Alphabet(GOOG)$ , and $Apple(AAPL)$ , and often utilizes the strangle option strategy for dividend stocks to generate income.He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-t
I opened 1 lot(s) $PLTR 20240719 19.0 PUT$ ,Sold a put to make a strangle strategy for my sell call of pltr at July 19 so now just wait patiently for the stock to go up more and take premium or wait for the 100 shares to be called away Strangle strategy is owning 100 shares And sell a call and sell a put of price difference and hope the stock falls in that range
No improvement to market. Sluggish trend due to uncertainty of endless war. Unstoppable Fed interest and booming inflation. Total distress formula for day to day normal working class. Embrace people!!!
Tesla Makes Batteries. Now It's Securing Raw Materials $Tesla Motors(TSLA)$ investors are having a busy week and it's only Tuesday. Ahead of the week's main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China. For starters, Tesla signed a $2.9 billion deal for battery materials with L&F, a Korean maker of materials for battery cathodes, according to a Google translation of a Korean-language disclosure by L&F. The news sent L&F stock soaring almost 9%, lifting the company's market value by roughly $500 million to almost $6 billion. Cathodes, the positively charged side of a battery, include mixtures of lithium, cobalt, nickel, iron, and other meta
Stocks declined to end a busy week after the monthly jobs report beat expectations, stoking fears that interest rate increases may continue longer than expected. $Nasdaq Composite Index(.IXIC.US)$ fell 1.6% as growth stocks led markets lower. $S&P 500 index(.SPX.US)$dropped 1%. $Dow Jones Industrial Average(.DJI.US)$ lost 0.4%, or 128 points. Stocks shot higher this week before retreating Friday, with investors parsing through a wave of central-bank decisions, corporate earnings and economic data over the past several days. Friday brought fresh information on U.S. hiring, giving investors more clues on how well the labor market is holding up as the economy slows elsewhere.
BlackRock set to cut 500 jobs after 2022's market slump BlackRock $BlackRock(BLK)$ plans to trim its ranks by ~500 employees, or ~2.5% of its workforce, after the world's largest asset manager dealt with dramatic downturns in equity and bond markets last year, Bloomberg reported Wednesday, citing a staff memo from CEO Larry Fink and President Rob Kapito. The memo didn't name the businesses that will be most affected by the job cuts. Fink and Kapito said they'd work to "manage expenses prudently" and invest in cost-effective ways. The move represents the first round of headcount reductions since 2019. Its staff count will still be ~5% higher than it was a year ago, Bloomberg said. At the end of Q3, the firm's assets under management were $7.96