To The Moon

Recently, I've been diligently studying options trading, focusing on trends, pricing, and timely profit-taking.

Thanks to the new highs in the overall market, I traded 12 different stocks, with 8 being profitable, achieving a win rate of 66% and realizing a profit of 19%. There's still 1 position that's not closed.[Miser][Miser]

Mainly $Coinbase Global, Inc.(COIN)$ $Tesla Motors(TSLA)$ $Palo Alto Networks(PANW)$ $Advanced Micro Devices(AMD)$ have brought me profits.

I also sold $PDD Holdings Inc(PDD)$ put followed from community Tigers' , making a slight but also thankful premiums.

Personally, I prefer to trade on Calls within more controllable prices; if the direction bet is certain, the fluctuation returns are greater.

In summary,

I mainly did single-leg call options, mostly expiring in June 2024 or Jan 2025;

I traded a week-end option once, sold it early in the first half market, otherwise, the value would go to zero in the second half;

I haven't used leverage for the time being;

My mentality is, as long as there is a profit, there is a win rate,

it is difficult to maximize profits, I would try to maximize profits if possible through profit-taking and stop-loss operations.

In the future, I will continue to be optimistic about some lists in the fields of Semi-chips, AI, BTC.

The next few days, the markets minght be be more conservative,

Because in the past two days, the overall market pull back from ATH, $Cboe Volatility Index(VIX)$ is rising, Fear &Greed Index is Nutural, ,PUT/CALL Ratio is not very high. Thanks for the sharing: $SPX Retreat From ATH, Next Target $518? Momentum & Sentiment Check

I’m joking that the big tech may need some rest beside $NVIDIA Corp(NVDA)$.

It seems that investors do not want to leave the long position immediately.

And i have to mention that ,this is my first week of Options trading.

[Happy]