English version： The first thing I did this week was not look for a new trade. I closed the straddle I had put on Nvidia last week. The table below summarizes the positions before I flattened the trade. The contrast was striking. The NVDA 227.5 call cost 4.39 and had fallen to 0.24, a loss of 94.53%. The put at the same strike and expiration cost 3.97 and had risen to 13.63, a gain of 243.61%. One leg was almost worthless, while the other had nearly tripled. Together they left the account with a profit of $2,530.50. That is the point of a straddle: you are betting on a large move, not on direction. Once the volatility has been realized, you should not overstay the trade. $纳斯达克(.IXIC)$

The value of Trump accounts auto-investing in the S&P 500 keeps looking better. Semiconductors crashed, dragging Korea's KOSPI down 17% for the month. SOXX fell 9.5% for the month. But as of Friday premarket, the S&P 500 is up 1.2% this month. The chain selling that usually hits U.S. stocks after a sector crash didn't happen this time. To keep the index balanced, consumer and healthcare sectors are being pushed to the limit. The market makers are really working overtime to herd money where they want it. The popular story that Democrats sweeping the House would crack down on AI sounds reasonable. But guess which party Nancy Pelosi — Congress's stock-trading star — belongs to. She bought NVDA and BE stock and calls. $iShares 20+ Year Treasury Bon

The U.S. equity market has reached a near-term high. The hardest task now is not finding opportunities, but determining what the current volatility actually means. A pullback could be a minor interruption within a consolidation phase, or it could mark the start of a decline. An attempt to move higher could quickly reverse, or it could shift the entire trading range to a higher level. This is the crossroads at which U.S. equities now stand. $标普500ETF(SPY)$ $标普500(.SPX)$ $标普500波动率指数(VIX)$ $SP500指数主连 2612(ESmain)$

🐶 Options Puppy Beginner Guide: Why Banks Can Fall When Interest Rates Rise — And What TLT, T-Bills and SSB Have to Do With It Part 1 · Understanding banks, bonds, interest rates and safer places to park cash · Singapore investor edition 🐶 1. Why I Want to Understand Bank Stocks Before Buying More As Options Puppy, I like to understand what is happening behind the numbers before I put my money into the market. When I look at Singapore banks such as OCBC, DBS and UOB, I know that they are not simply businesses that collect deposits and lend money. They also manage enormous portfolios of financial assets, including government bonds. Sometimes, investors hear that interest rates are rising and immediately assume banks should benefit because banks can charge borrowers more interest. That sound