Taking profit is never wrong. It's only paper gains if you never take profit. I'll be watching my holdings for opportunities to cash out and risk off. Making less is infinitely better than losing it all. If the market continues to be bullish, I will look for higher entry points and consider them whole new trades.
$Apple(AAPL)$ one thing I've learnt, when Apple makes an announcement, it will count and the shares will shoot up. You won't know when they will make it. Their secrecy is top notch. But it's coming. Lurkers will be rewarded. That said, I'm not a fan. Don't use apple. Never owned apple except for the free share given when I signed up which I sold. Am more of a DOS guy.
$16x. The earnings call gave the stock a temporary reprieve. Musk still needs to deliver on all that talk before trust can be re-established with investors.
MSFT and META are my picks for the week. Picked up a META 390 call early in the day and have been long on MSFT. IMHO, MSFT is the best stock to buy in a dip as it recovers the fastest as well. So far GOOG has had the weakest showing in terms of future plans. M&M have already mouthed the magic AI code word and have products in the pipeline to capitalize on it. Putting Goog AI on iphones feels like the weaker of the 7 banding together cos they don't have a better plan. Good luck all!
Won't recommend puts or near term calls. Buy the stock or leap options. Am bullish over 6 months but too many things happening in the world at the moment that could crush short term options on the wrong side of wave. Good luck all!
Not sure if it will come back up this week. Bought a 800 leap option on Friday only to wake up on Saturday to a 760 price tag but I have a it more breathing space so just gonna keep calm and average in if it goes to 700. Am staying away from puts. The risk reward keeps me up at night.