Follow up from my post 1 week ago Turning out to be a good liquidation of my TSLA shares some days back. Post earnings, will see. Will my puts get assigned? Will know on 26 July! Double top playing out goes to 200. TSLA Daily - 21 July 2024 @melson @TigerStars @macroB @CaptainTiger @Deposit $Tesla Motors(TSLA)$
🌟🌟🌟This has been a horrible week that saw the US markets tumbling. The Nasdaq 100 Index has its worst day in 2 years. There are new worries about Taiwan and the global supply chain for chips. Then on Friday, the world woke up to a software failure that took down airlines, payment systems, personal computers, corporate websites and some hospitals even had to cancel operations. $NVIDIA Corp(NVDA)$ fell 2.6% on Friday and in the last 5 days, it dropped 9.7%. $Advanced Micro Devices(AMD)$ shares fell even more. AMD dropped 2.6% on Friday and it is now down 17% for the week.
We've talked about tech stocks as a cover for the financial market, and the stock market will pull back when the Treasury crisis is over. So it is not too surprising that yesterday fell, and the bulls withdrew after their mission was completed.As for whether it is a big callback or a small callback, don't worry about this, the big order arrangement is clear.But I think there's an additional caveat: don't expect too much of a fall. The exercise price is not cheap to choose the depth of the price. The overall tone of tech stocks this year has been higher than expected and lower than expected. $NVIDIA Corp(NVDA)$ sell $NVDA 20230818 355.0 PUT$I think 350 is a good s
1. $GameStop(GME)$ plummeted 23% as missing the expectation and cancel the earnings call $GameStop(GME)$ down more than 20% in after-hours trading after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss.Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made him a hero to meme stock traders, took over as executive chairman. GameStop canceled its regularly scheduled quarterly conference call to discuss the company’s earnings.The company released its first-quarter results on Wednesday, reporting revenue of $1.24 billion, missing the Consensus by 7.78%. This compares to year-ago revenues of $1.38 billion.GameStop reported Q1 EPS of ($0.14), $0.02 worse th
Has the long-awaited market correction finally begun? Yesterday, technology stocks generally experienced a decline, with prominent AI companies such as $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ dropping by 3%. $NVIDIA Corp(NVDA)$ closed at $374.75, $Microsoft(MSFT)$ closed at $323.38.If I hold tech stocks, how can I hedge against this? This article will introduce three options strategies to hedge against the potential market correction. 1. Buy putYou can purchase put options on Nvidia and Microsoft to provide downside protection. In the event of a pullback, the value of the put options would increase, offsetting some of