Options traders said options are addictive because it can gain 2000% but only lose 100%.
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Do you agree with them?
Do you find options trading addictive?
What's your attitude towards options?
$NVIDIA Corp(NVDA)$ Next target is 180?After following this for a few days in a row, there has been a rash of big options orders to ambush NVIDIA at record highs, for example:And NVDA is currently riding ahead of other giants like $Tesla Motors(TSLA)$$Apple(AAPL)$ and favourites $SoFi Technologies Inc.(SOFI)$$Palantir Technologies Inc.(PLTR)$ while an even larger amount is coming from call options (CALL).Of course there were also a lot of shorts at new highs that turned out to be blown out by the ongoing surge.Fundamentally, I think the following 3 reasons are important
Investment Reflection: Coterra Energy (CTRA) Put Option Strategy
Initial Position: August 23, 2024 On August 23, 2024, I initiated an option strategy by selling 2 contracts of Coterra Energy (CTRA) $Coterra Energy Inc.(CTRA)$ put options with a strike price of $23 and a maturity date of October 18, 2024, collecting an option premium of $36 per contract. The decision to take a bullish stance on Coterra by selling puts was based on the following positive factors: Coterra’s High Margins and Strong Cash Flow: Coterra Energy’s low debt levels, disciplined capital management, and quality long-life reserves gave me confidence in the company's ability to withstand market fluctuations, particularly in the natural gas sector. Depressed Natural Gas Prices: At the time, natural gas prices were low, but the long-term
$Sea Ltd(SE)$ I had been buying Sea Ltd(SE)$ since it dropping. I have faith and confidence in this company. The 3 business models for gaming, e-commerce and digital banking are making profit now. Therefore, I do not see why the stock price will not be going up. You must keep for long term and you can see the price shot to the moon. None of its competition is new. SE is the dominant player in its markets, of course it won't grow as fast as someone just starting out and burning billions! SEA has challenges, certainly, will require patience no doubt, but as a long term perspective, i dont see how not to be long on SE. I will keep buying. Great long opportunity. My target price is $90 by end of next month. Go ahead
$NVIDIA Corp(NVDA)$ 🚀 ⬆️🤙🌟 NVIDIA ($NVDA) Call Option Play: Holding for Gains! 💹🚀📈🌟 Kia ora Tiger traders, Let's dive into the latest chart action for NVIDIA ($NVDA) and strategise our next moves! 🧩 🔍 Current Levels: - Support: $112.50 🛡️ - Resistance Targets: $115.10 and $116.88 📈 The game plan is simple: as long as NVDA holds the $112.50 support, we're playing the $115.00 calls expiring on 2 August. Break above $115.10 and we eye $116.88 next! However, if $112.50 fails to hold, brace yourselves as $111.00 and potentially lower levels could be in play. 🛑 📈 Trend Analysis (TradingView): - Current Price: $113.00 - Support Levels: $112.50 - Resistance Levels: $115.10, $116.88, $121.01 📊 Capital Flow: Recent flows suggest significant interest
Investment Reflection on GOLD Stock Covered Call Strategy
Overview of the Strategy On 17 June 2024, I implemented a covered call strategy by selling four call contracts on GOLD $Barrick Gold Corp(GOLD)$ stock with a strike price of USD18 and a maturity date of 19 July 2024. At the time, GOLD was trading at USD16.14, and I collected an option premium of USD12 per contract. As the stock price appreciated to USD17.38 by 8 July 2024, I decided to roll over the contracts to a new maturity date of 16 August 2024, collecting an additional premium of USD30 per contract. Initial Strategy and Execution The covered call strategy involves holding a long position in a stock while simultaneously selling call options on the same stock. This approach allows investors to generate additional income from option premi
Investment Reflection on Adjusting WBA Option Portfolio
Overview Walgreens Boots Alliance $Walgreens Boots Alliance(WBA)$ , a prominent pharmacy-led healthcare company, recently reported its third-quarter earnings with mixed results. While the company affirmed an increase in earnings per share (EPS) to 40 cents, compared to 14 cents in the previous year, this was overshadowed by a significant non-cash impairment related to pharmacy license intangible assets at Boots UK. The adjusted EPS fell by 36.6% in constant currency, and challenging retail conditions, along with tough trends impacting its pharmacies, led to a drop in sales growth expectations. In response to these adverse developments, I made a strategic adjustment to my WBA option portfolio on 3 July 2024. This reflection details the rationa
Options is one sword that can take your portfolio to great heights or tear it down to nothing. •What is an option? An option is a contract that gives the buyer the right (but not the obligation) to buy or sell an underlying asset at an agreed-upon price on or before an agreed-upon date. Call options allow buyers to profit if the price of a stock or index increases, while put options allow the buyer to profit if the price of the stock or index declines. Investors can also short an option by selling them to other investors. In that case, shorting a call option would allow the seller to profit if the underlying price declines while selling a put option would allow the seller to profit if the price increases. Options can be complex and are traded for a variety of reasons. Option traders can us
$TSLA 20240719 200.0 CALL$ Opened 1 position[Sad] My liquidity has dried up faster than an Aucklander’s summer tan in the dead of Winter! Jetting off on Sunday to warmer shores in Aussie and the tropics of Port Douglas to re-gain my tan and hopefully some liquidity or liquid refreshments at least 🤣🍸🍹 🎯$198 short term
Saw the everest mountain hill at 14,625? [Surprised] Yup thats me discovering options... Options are addictive because of the high return you get with extreme leverage. NEVER touch options, unless you have good risk tolerance!! Many investors get hooked onto options, the first time they generate massive profits. Similar to a casino, where a gambler won his first bet and they are addicted. But neither did they know that they could also lose all their money. For every winner, there are losers in the market.[Heartbreak] [Bless] Do not think you will "win" everytime. Your trade can go against you. Always enter the market with a strategy, and if it does not go your way, Its time to exit. My best advice to new investors like me, is to invest in
Investment Reflection: Coterra Energy (CTRA) Put Option Strategy
Initial Position: August 23, 2024 On August 23, 2024, I initiated an option strategy by selling 2 contracts of Coterra Energy (CTRA) $Coterra Energy Inc.(CTRA)$ put options with a strike price of $23 and a maturity date of October 18, 2024, collecting an option premium of $36 per contract. The decision to take a bullish stance on Coterra by selling puts was based on the following positive factors: Coterra’s High Margins and Strong Cash Flow: Coterra Energy’s low debt levels, disciplined capital management, and quality long-life reserves gave me confidence in the company's ability to withstand market fluctuations, particularly in the natural gas sector. Depressed Natural Gas Prices: At the time, natural gas prices were low, but the long-term
$NVIDIA Corp(NVDA)$ Next target is 180?After following this for a few days in a row, there has been a rash of big options orders to ambush NVIDIA at record highs, for example:And NVDA is currently riding ahead of other giants like $Tesla Motors(TSLA)$$Apple(AAPL)$ and favourites $SoFi Technologies Inc.(SOFI)$$Palantir Technologies Inc.(PLTR)$ while an even larger amount is coming from call options (CALL).Of course there were also a lot of shorts at new highs that turned out to be blown out by the ongoing surge.Fundamentally, I think the following 3 reasons are important
Investment Reflection on Adjusting WBA Option Portfolio
Overview Walgreens Boots Alliance $Walgreens Boots Alliance(WBA)$ , a prominent pharmacy-led healthcare company, recently reported its third-quarter earnings with mixed results. While the company affirmed an increase in earnings per share (EPS) to 40 cents, compared to 14 cents in the previous year, this was overshadowed by a significant non-cash impairment related to pharmacy license intangible assets at Boots UK. The adjusted EPS fell by 36.6% in constant currency, and challenging retail conditions, along with tough trends impacting its pharmacies, led to a drop in sales growth expectations. In response to these adverse developments, I made a strategic adjustment to my WBA option portfolio on 3 July 2024. This reflection details the rationa
$Sea Ltd(SE)$ I had been buying Sea Ltd(SE)$ since it dropping. I have faith and confidence in this company. The 3 business models for gaming, e-commerce and digital banking are making profit now. Therefore, I do not see why the stock price will not be going up. You must keep for long term and you can see the price shot to the moon. None of its competition is new. SE is the dominant player in its markets, of course it won't grow as fast as someone just starting out and burning billions! SEA has challenges, certainly, will require patience no doubt, but as a long term perspective, i dont see how not to be long on SE. I will keep buying. Great long opportunity. My target price is $90 by end of next month. Go ahead
Investment Reflection on GOLD Stock Covered Call Strategy
Overview of the Strategy On 17 June 2024, I implemented a covered call strategy by selling four call contracts on GOLD $Barrick Gold Corp(GOLD)$ stock with a strike price of USD18 and a maturity date of 19 July 2024. At the time, GOLD was trading at USD16.14, and I collected an option premium of USD12 per contract. As the stock price appreciated to USD17.38 by 8 July 2024, I decided to roll over the contracts to a new maturity date of 16 August 2024, collecting an additional premium of USD30 per contract. Initial Strategy and Execution The covered call strategy involves holding a long position in a stock while simultaneously selling call options on the same stock. This approach allows investors to generate additional income from option premi
$NVIDIA Corp(NVDA)$ 🚀 ⬆️🤙🌟 NVIDIA ($NVDA) Call Option Play: Holding for Gains! 💹🚀📈🌟 Kia ora Tiger traders, Let's dive into the latest chart action for NVIDIA ($NVDA) and strategise our next moves! 🧩 🔍 Current Levels: - Support: $112.50 🛡️ - Resistance Targets: $115.10 and $116.88 📈 The game plan is simple: as long as NVDA holds the $112.50 support, we're playing the $115.00 calls expiring on 2 August. Break above $115.10 and we eye $116.88 next! However, if $112.50 fails to hold, brace yourselves as $111.00 and potentially lower levels could be in play. 🛑 📈 Trend Analysis (TradingView): - Current Price: $113.00 - Support Levels: $112.50 - Resistance Levels: $115.10, $116.88, $121.01 📊 Capital Flow: Recent flows suggest significant interest
Options is one sword that can take your portfolio to great heights or tear it down to nothing. •What is an option? An option is a contract that gives the buyer the right (but not the obligation) to buy or sell an underlying asset at an agreed-upon price on or before an agreed-upon date. Call options allow buyers to profit if the price of a stock or index increases, while put options allow the buyer to profit if the price of the stock or index declines. Investors can also short an option by selling them to other investors. In that case, shorting a call option would allow the seller to profit if the underlying price declines while selling a put option would allow the seller to profit if the price increases. Options can be complex and are traded for a variety of reasons. Option traders can us
[Events] Buying Calls versus Creating Option Strategies: Which do you prefer?
Choosing between directly buying calls or carefully crafting option strategies is similar to selecting between a straightforward, but riskier path and a complex, but potentially more stable route.Call options can provide rapid high returns, but they can also result in rapid losses. However, option strategies, while offering limited returns, provide a means of effectively managing risk.Today, we would like to invite you to share your experiences: Do you prefer the simplicity of buying calls for potential large gains, or do skillfully crafted option strategies produce more consistent results?📓How to Participate:Retweet this post and tag at least one friend, inviting them to share their option trading stories.Comment below, sharing whether you prefer buying Calls outright or crafting option s
$Las Vegas Sands(LVS)$ 🎲🎲🎲 Rolling the Dice with LVS: Betting on Sands with a Pro's Winning Hand 🎲🎲🎲 Ever heard the one about the trader from Florida who's got the golden touch? No, it’s not the latest yarn from a beachside barbie – it's a real-life tale of trading wizardry. Our hero, who we'll call the "Florida Finance Wizard," ran the numbers on every single trade recommendation he’s made over the last four years. And mate, the results are nothing short of legendary. We’re talking thousands of trades with a perfect 100% win rate on LVS Las Vegas Sands, boasting an average return of 33%. But what makes Las Vegas Sands the top pick for our trading maestro? Let’s dive into the glittering details – grab your sunnies, it’s about to get bright.
$SNDL Inc.(SNDL)$ Callin' the Shots with SNDL: Here’s What I’m Contemplating Hey folks! I'm thinking about making a move with Sundial Growers Inc. (SNDL) and wanted to share my plan with you. Here's the scoop on what I'm contemplating: The Trade: - Option Type: Call - Strike Price: $2.50 - Expiration Date: July 19, 2024 Why This Trade? 1. Market Sentiment: The $2.50 strike price for the July 19, 2024 expiration date has high volumes and open interest, showing bullish sentiment among traders. 2. Technical Indicators: Recent analysis suggests SNDL might see upward momentum, making this call option a smart play. 3. Volatility and Liquidity: SNDL’s high volatility can mean quick gains, and the high volume at this strike price ensures good liq
What the Convertible Bond issuing means to Alibaba?
$Alibaba(BABA)$ In considering the issuing $5 billion in convertible bonds; not coincidentally, a few days ago Jingdong announced its intention to offer an aggregate principal amount of $1.5 billion in 5-year convertible senior notesThe company intends to use the money for buybacks, as well as to develop its overseas business. $Alibaba Group Holding Limited(BABAF)$ Investment HighlightsDespite the drop in free cash flow, Alibaba still isn't short of money. But that doesn't mean it has enough dollars overseas. Therefore, in the current high dollar interest rate environment, it is very reasonable and normal operation to find relatively low cost convertible bonds. At the same time, the frictional costs of c