To The Moon

🌟🌟🌟When it is not clear how a stock will perform prior to the release of its earnings report, it is good to use a Straddle Options Strategy. This requires the purchase of Put and Call Options at the same time on the stock with the same strike price and the same expiration date.

$Tesla Motors(TSLA)$ TSLA fans. If we can get some good news on Robo Taxi, we can see TSLA and $BYD Co., Ltd.(BYDDF)$ spike to the Moon or perhaps Mars. Cathie Wood already forecast TSLA share will 10x with Optimus in production in the coming year. First resistance is $270s follow by $280s and we could go beyond $300. If the approval is not there, TSLA might take a while to go back $300. Nevertheless SpaceX valuation is now worth 270Bn. What is your guess.

I closed $AVGO 20240426 1160.0 PUT$ ,Sold puts bought calls

I closed $HOOD 20240426 16.5 PUT$ ,🏦 collecting full credit profits upon expiry over 17 days. This play remains attractive, will look for entry again!

I closed 1 lot(s) $PLTR 20240426 21.0 PUT$ ,This PLTR put contract was opened a little too hastily, on the 15th this month (about 2 weeks ago) PLTR slide aplenty along with the market, thinking it was a good time to sell option however the market continues to Trent lower, making this contract remain mainly in red. Last 2 trading days, PLTR manage to stay about 21 to render this contract worthless. Moving forward, looking to sell more put contract but only if it’s below 21 strike.