I opened $SPYG 20250321 92.0 CALL$ , @MillionaireTiger 📈 Rolling Up: Selling a New SPYG Covered Call at $92 💰 After successfully closing my previous SPYG trade, I decided to roll my position and sell another covered call at a higher strike price of $92. 🔹 Why I Rolled Up My Covered Call: 1️⃣ Hedging Against a Further Market Rally 📊 I am concerned that the market might keep pushing higher, so instead of sitting on the sidelines, I sold a new covered call at $92 to continue earning premiums while giving myself more upside potential. 2️⃣ Securing More Premium & Lowering Cost Basis 💵 Selling another call generates additional income, further reducing my effective
I closed $SPYG 20250221 91.0 CALL$ ,💰 Smart Trading Move: SPYG Covered Call Strategy 📈 I executed a profitable trade on SPYG by strategically selling and buying back options to lock in gains: ✅ Sold SPYG at: $1.40 ✅ Bought it back at: $0.80 ✅ Profit Earned: $60 per contract 🔹 Why This Trade Was a Win: 1️⃣ Locked in a $60 Profit Without Holding Shares 🏆 By selling high at $1.40 and buying back lower at $0.80, I captured a $0.60 per contract profit, translating to $60 for a standard 100-share contract. 2️⃣ Reduced Risk While Pocketing Cash 💵 By closing the position at $0.80, I secured my gains without waiting for expiration. This also freed up capital for the next trade. 3️⃣ Maintained Flexibility for Future Trades 🔄 Now t
I opened $PLTR 20250124 67.0 CALL$ ,📌 Rolling Into a New PLTR Covered Call for More Premium 💰 After successfully lowering my PLTR cost basis to $67.38, I decided to sell a new covered call: ✅ Strike Price: $67 ✅ Expiration: 10 days away ✅ Premium Collected: $2.41 🔹 How This Trade Benefits Me: 1️⃣ Lowering My Cost Basis Even Further 💵 By selling this call for $2.41, my new adjusted cost for PLTR is now $65 ($67.38 - $2.41). This means I have even more downside protection and room for profit. 2️⃣ Guaranteed Profit If PLTR Stays Above $67 📈 If PLTR closes above $67, my shares will be called away at that price. Since my adjusted cost is $65, I lock in a $2 per share profit (+ the premium collected), making this a successful
I closed $PLTR 20250117 68.0 CALL$ ,📌 Adjusting My PLTR Covered Call for Lower Cost I initially sold a covered call on PLTR with a $68 strike price for $1.69 per share while buying the stock at $67.87. Later, I bought back the call at $1.20, effectively reducing my overall cost basis to $67.38 ($67.87 - $1.69 + $1.20). 🔹 My Thought Process: 1️⃣ Reducing My Cost Basis Even Further 💰 – By closing the call early at $1.20, I retained $0.49 in profit from the premium ($1.69 - $1.20), lowering my effective purchase price of PLTR. 2️⃣ Gaining More Flexibility 🔄 – Since I no longer have an open covered call, I now have the option to sell a new call at a better price if PLTR moves higher, or simply hold onto the stock for further
I opened $PLTR 20250117 68.0 CALL$ ,I first started selling a call covered call for Pltr at 68 for 1.69 📌 My Covered Call Strategy on PLTR I first started selling a covered call on Palantir (PLTR) at a $68 strike price, collecting a premium of $1.69 per share. At the same time, I bought the stock for $67.87, setting up a strategic trade that balances income generation and potential upside. 🔹 My Thought Process: 1️⃣ Lowering My Cost Basis 💰 – By selling the call for $1.69, I effectively reduce my purchase price from $67.87 to $66.18 ($67.87 - $1.69). This provides an immediate cushion against any short-term volatility. 2️⃣ Profiting If Called Away 📈 – If PLTR closes above $68 at expiration, my shares will be called
I opened $MFC 20250221 28.0 CALL$ ,📌 Why I Sold an MFC Call Option at a $28 Strike for $2 I decided to sell a covered call on MFC with 66 days to expiration at a $28 strike price, collecting a premium of $2 per share. This trade provides a solid return while considering the upcoming February dividend, which I anticipate will lead to early assignment. 🔹 My Thought Process: 1️⃣ High Premium Collection 💰 – The $2 premium is quite attractive, offering an immediate yield on the position, reducing my cost basis and boosting overall returns. 2️⃣ Stock Likely to Be Called Away 📈 – With the strike price below the current market price ($29.80) and the dividend coming in February, there’s a strong chance my shares get called away a
I opened $Manulife(MFC)$ ,In-Depth Fundamental & Technical Analysis of Manulife (MFC) 📊 📌 Fundamental Analysis – Strong Financials & Stability 1️⃣ Market Capitalization – A Large & Stable Company Manulife (MFC) has a market capitalization of $51.90 billion, making it one of the largest insurance companies in North America. This reflects its stability and strong market presence, making it a safe investment for long-term holders. 2️⃣ Earnings Performance – Solid EPS & Growth Potential • EPS (TTM): $2.09 • EPS (LYR): $1.98 • Forward EPS: $2.864 With a forward EPS of 2.864, Manulife is expected to grow its earnings, driven by its strong insurance and wealth management business. The stable EPS history also suggests consistent profi
I opened $Manulife(MFC)$ ,5 Reasons to Buy Manulife (MFC) – A Strong Insurance Play 💼💰 1️⃣ Stable & Growing Dividends – Perfect for Passive Income 💸 Manulife is a strong dividend payer, consistently rewarding shareholders with quarterly dividends. With an attractive dividend yield (~5%), it’s a great stock for those looking for stable income. Plus, the company has a history of increasing dividends, making it a solid choice for long-term investors. 2️⃣ Resilient Business Model – Insurance & Wealth Management 🏦 As a leading insurance company, Manulife benefits from a steady stream of premium income from life insurance, retirement plans, and wealth management services. This business model is recession-resistant since people always need i
I opened $Manulife(MFC)$ ,Technical Analysis of Manulife (MFC) – Oversold Opportunity & Dividend Play 📉📈 Buying MFC at $29.55 – Oversold Bounce & Dividend Catalyst 💰 1️⃣ Oversold Conditions & Strong Support at $29 🔻 • MFC recently dropped to $29.55, nearing its lower Bollinger Band (BBIBOLL DWN: 29.17), which often signals an oversold condition and a potential rebound. • Historically, $29-$29.50 has acted as support, where buyers stepped in. • The stock already hit $29.06 in November, bounced back to $33, and is now retesting this zone. 2️⃣ Upcoming Dividend in February – Yield Opportunity 💸 • Manulife (MFC) is a strong dividend payer, and with the February dividend approaching, investors may start accumulating shares, providing u
I opened $Palantir Technologies Inc.(PLTR)$ ,Palantir (PLTR) – Key Technical Analysis and Trade Setup Entry and Recent Price ActionPalantir (PLTR) closed at $64.98 (-3.39%), with an entry at $64.50. The stock has been in a downtrend from the peak of $84.80, breaking below short-term moving averages. The recent drop placed it near the 60-day moving average (MA60) at $63.00, which acts as a potential support level.Support and Resistance Zones• The immediate support lies at $63.00 (MA60), with a stronger historical support at $60.86 (lower Bollinger Band).• Resistance levels to watch: $69.28 (MA5) and $73.34 (MA10). A rebound needs a close above $69.28 to confirm strength.Moving Averages and Trend Strength• The 5-day and 10-day moving averages